IT shops have traditionally had to track compliance with cybersecurity and data privacy regulations and standards. The IoT introduces new aspects of compliance. As embedded compute and communications capabilities are introduced into organization's physical assets, the need to focus on compliance with safety regulations must also come into play.
The IoT also blurs the line between many regulatory frameworks, a particular challenge for IoT device manufacturers. In some cases, device developers may not even realize that their products are subject to oversight from particular agencies.