Internet of Things (IoT) providers typically undergo cybersecurity and IT compliance initiatives. As the IoT becomes increasingly popular, proving to customers that they have a strong internal control environment is more important than ever. Implementing a robust compliance program can be used as a competitive advantage. Increasingly, IoT providers are asked to implement and maintain a compliance program that demonstrates their commitment to a strong system of internal controls. Control frameworks (such as SOC 1, SOC 2, ISO 27001, etc.) are widely accepted and help IoT providers differentiate themselves from their competitors by demonstrating their commitment to maintaining a strong IT compliance program.