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Consumer apps are exactly what worries governments and regulators. The fear? Increased risk of hacking, given that there are no strong security standards defined or implemented for IoT devices yet.
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The IMF and FSB has been hosting global conferences as part of the Data Gaps Initiative since 2009. The Conferences are part of the consultation process leading to the preparation of the following progress reports to be delivered to the G-20 Ministers of Finance and Central Bank Governors.