Apparently passwords + secret questions (i.e. more passwords) + a "device ID" (which can be trivially faked, unlike a token) = two-factor authentication. Plus, AFAICS, the "device ID" was even allowed to change, so it didn't really come into play after the secret questions?
Name:
Anonymous2011-06-19 15:34
Couldn't the thief have initiated ACH transfers from anywhere just by knowing the account number?
By the way, even Battle.net is switching from physical tokens to device IDs now, so that must be more secure.