This is because every company that has been making "Things" for the last 5-100 years are now thinking about making IoT devices without understanding anything about Internet or Security. The Nissan Leaf or that toy maker Vtech cases are good examples of this.
A Quick starter for the rubber stamp list: 1. Authenticate every request 2. Use encryption in every phase (transport, passwords etc) 3. Really, handle basic Web security 4. Be really, really protective about your customers data in every way 5. Don't sell the data without consent from the customer