Consider your IoT concept and devices and run every aspect of it through each of the ten commandments of computer ethics.  Are there violations?  How can you fix the violations?  Write your findings out in well-formed paragraphs.
Use the scenarios you devised in section 2.1 and apply those to your IoT concept. Scope each scenario to fit your IoT concept and devices if possible.  Are there potential ethical conflicts in each scenario?  What are they and how can they be circumvented?  Write your findings out in well-formed paragraphs.

Now apply what you have learned regarding computer security to your IoT concept and devices.  What are the potential risks?  How can they be mitigated or avoided altogether?  Write your findings out in well-formed paragraphs.
Post your responses to items one through three in well-formed sentences and paragraphs in the appropriate discussion forum.