Good Luck
IoT is basically "SCADA for the masses" and we all know how poorly SCADA system security is lagging by corporations who know better. Here, Verizon is up against a typical Joe configuring their own system, as well as every corporation who puts a processor and a NIC on any device they make.
Any attempt to put together and implement costly standards will be met with huge resistance by a large amount of corporate lobbies; no matter what country you're in. The general public won't really care until some hacker manages to lock down someone's kegerator.
I wish them luck.