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Flarin, even an authenticator isn't enough. Several months ago, already, it was discovered that there were some man-in-the-middle style password stealing compromise methods in use. They could only get into your account in a single, approximately 30-second, timeframe, but once in they could do what they wanted.
They were running a keylogger with active communication, it detected WoW starting, recorded your username, password, and auth code, and immediately transmitted that to another computer that then logged into your account while the authenticator code was still "active". Having an authenticator is MORE secure, but is not completely secure.
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-- Taryble
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