As I said previously, someone needs to bring negligence suits against some IoT vendors, wholesalers, and retailers. Start with the retailers, like Amazon. They'll find the supply chain for you as they try to pass the buck. It worked with hoverboards.
There's a problem at the China end with crap low-end devices driving out the good ones. Here's a good example: solid state relays, useful little devices for safely switching AC power with a logic level signal. Look at this Fotek solid state relay on Amazon.[1] That's a counterfeit. Fake manufacturer name. Fake UL and CE marks. Here's UL's warning notice on counterfeit Fotek solid state relays, and how to recognize fakes.[2] There are lots of unhappy customers; the fake ones have been reported to overheat, melt, or stick in the ON condition. Every Fotek relay on Amazon that I can find is fake.
The fakes are real solid state relays with grossly exaggerated power ratings. For real ones, cost goes up with power. The fakes all cost about the same regardless of nameplate power rating. Here's an especially bad one: a "100 amp" version.[3] The real Fotek, in Taiwan, doesn't even make a 100 amp version in that form factor - the terminals aren't big enough for 100 amps.
The result is that nobody is selling legit solid state relays on Amazon. They exist; you can buy them through Digi-Key or Mouser. They cost about 2.5x the fake price. But Amazon has been totally conned. (The ones on eBay are fake, too.) Worse, if you're a legit solid state relay maker in China, you have a hard time selling. The counterfeits have pushed the price down too far.
Back to hoverboards. There are now UL-approved hoverboards. They don't catch fire. Heavy pressure on China suppliers worked. That needs to happen with insecure IoT devices.
[1] https://www.amazon.com/Frentaly-24V-380V-Solidstate-Arduino-...
[2] http://www.ul.com/newsroom/publicnotices/ul-warns-of-solid-s...
[3] https://www.amazon.com/Industrial-FOTEK-Protective-SSR-100DA...