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There is absolutely no way $65,000 should be able to be taken out of someone's account without having to verify their identity over the phone or having access to his normal ip & password.
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One nice thing about Party being publically traded is that they will really have to address this.
E*Trade is now offering token devices for added protection. They are doing this for a fee, but offer the service free of charge to large accounts. Party could take this course of action, as well.