Port 53/udp is used to answer requests from clients and to query your parent (usually your ISP's) server. If you allow an outside machine to establish (SYN) a connection to your dns server that machine can query your server and obtain the contents of your dns table.
Port 53/tcp is used for zone transfers (bulk update of the entire zone) between servers and may allow the contents of the dns zone to be modified. This can have serious consequences.
You should configure your dns server to only update to/from named servers and put those servers in the list, even if they are all within your site. If you don't need to transfer zones through the firewall you should block 53/tcp. If you do need to transfer zones through the firewall, onlyallow 53/tcp to/from specific servers.