Speaking at a security system launch in Sydney today, Peter Coroneos, the ceo of the Internet Industry Association said that while the problem had been gradually mounting, Australia was now at a tipping point and that 'the capacity of individual internet users to manage their own security has passed." He warned however that Australia; 'cannot move forward as a digital economy until we get the security right.'The arrival of the NBN meant the problem could get much worse. He said that its arrival meant that ordinary consumers would be driving the online equivalent of a Formula One race car even though 'they are dangerous in an XR6.''The capacity to do damage to ourselves and other network users is exponentially higher,' warned Mr Coroneos. 'The faster the network the greater the capacity for damage'¦especially in a cyber warfare scenario.'Mr Coroneos said that under the mandate NBN chief Mike Quigley had been given, he was charged with delivering an 'open access, undifferentiated layer two network service.' There was, he said, no mandated security requirement.He reiterated the IIA's recommendation that the Government invest 2 per cent of its $35.9 billion NBN budget on security. Spending those funds to secure the network would be an ideal outcome, he said, although he acknowledged it might not be part of the NBN charter.Mr Coroneos stressed that the time was now ripe to hold discussions about the NBN's security. 'If the answer is 'no' then we are back to the solutions we are talking about today,' he said, although he was quick to moderate that statement given he was a guest of a security systems vendor, by adding that a multilayered approach to security was likely to always be needed given the unfailing determination of 'the bad guys.'Mr Coroneos was speaking at a TrustDefender product launch which saw the Australia based security specialist launched three new tools; TrustDefender Pro, a reworking of its current suite of tools; TrustDefender Central Intelligence Server; and TrustDefender Zero.TrustDefender Zero, which sits within an enterprise which is delivering services to customers over the internet, is able to monitor online sessions regardless of the end user device, and detect evidence of fraud.This according to the company would help companies identify the risk of security compromise ahead of time - if necessary stopping a transaction until its security could be assured.The timing of the launch is key according to Andreas Baumhof, chief technical officer and co-founder of the firm. He said that the threat landscape would 'go ballistic' with the looming launch of NBN speed services.'You can't try to fight Trojan 2011 with tools that have been around for a while,' he said.Mr Baumhof said that the new product suite would allow companies to identify not just fraudulent transactions but fraudulent applications, shutting down money mule or account mule applications in financial settings.He added 'We believe this is the world's first solution to see if a person's details have been compromised and if they are being used in the wild.' The company has a patent pending on its page and tagless device fingerprinting technology.Co-founder and chief executive Ted Egan said that the technology 'Makes sure you are transacting with the authorised site and not with a compromised site, and it makes sure no data is going to a third party.'