As the demand for underwater communication continues to grow, underwater acoustic RIS (UARIS), as an emerging paradigm in underwater acoustic communication (UAC), can significantly improve the communication rate of underwater acoustic systems. However, in open underwater environments, the location of the source node is highly susceptible to being obtained by eavesdropping nodes through correlation analysis, leading to the issue of location privacy in underwater communication systems, which has been overlooked by many studies. To enhance underwater communication and protect location privacy, we propose a novel UARIS architecture integrated with an artificial noise (AN) module. This architecture not only improves communication quality but also introduces noise to interfere with the eavesdroppers' attempts to locate the source node. We derive the Cram\'er-Rao Lower Bound (CRLB) for the localization method deployed by the eavesdroppers and, based on this, model the UARIS-assisted communication scenario as a multi-objective optimization problem. This problem optimizes transmission beamforming, reflective precoding, and noise factors to maximize communication performance and location privacy protection. To efficiently solve this non-convex optimization problem, we develop an iterative algorithm based on fractional programming. Simulation results validate that the proposed system significantly enhances data transmission rates while effectively maintaining the location privacy of the source node in UAC systems.