Digital ecosystems are going through a period of change due to the advancement in technologies such as Internet of Things (IoT) as well as proliferation of less expensive hardware sensors. Through this chapter, we present current emerging trends in IoT in different industry sectors as well as discuss the key privacy challenges impeding the growth of IoT to reach its potential in the smart home context. The majority of the existing literature on IoT smart home platforms focuses on functionalities provided by smarter connected devices; however, it does not address the concerns from a consumer's viewpoint. Thus, the key questions are: What are the privacy concerns related to IoT, particularly from a "smart home device" consumer viewpoint? What are the existing remedial approaches for privacy management? This chapter proposes a framework to assist smart home user and IoT device manufacturer to make informed privacy management decisions. The findings of this research intend to help practitioners and researchers interested in the privacy of IoT-enabled smart systems.

There is a growing interest in the use of Internet of Things (IoT) in information systems (IS). Data or information governance is a critical component of IoT enabled digital IS ecosystem. There is insufficient guidance available on how to effectively establish data governance for IoT enabled digital IS ecosystem. The introduction of new regulations related to privacy such as General Data Protection Regulation (GDPR) as well as existing regulations such as Health Insurance Portability and Accountability Act (HIPPA) has added complexity to this issue of data governance. This could possibly hinder the effective IoT adoption in healthcare digital IS ecosystem. This paper enhances the 4I framework, which is iteratively developed and updated using the design science research (DSR) method to address this pressing need for organizations to have a robust governance model to provide the coverage across the entire data lifecycle in IoT-enabled digital IS ecosystem. The 4I framework has four major phases: Identify, Insulate, Inspect and Improve. The application of this framework is demonstrated with the help of a Healthcare case study. It is anticipated that the proposed framework can help the practitioners to identify, insulate, inspect and improve governance of data in IoT enabled digital IS ecosystem.

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