Mostly I don’t disagree with you - the head line though does claim that the “worm is gnawing it’s way through the internet of things” when really it’s just those made by a few companies (and some private labeled versions of the same things).
Most residential IoT devices are actually placed behind residential firewalls, unlike a security camera/etc , and are largely immune to this stuff, unless you attack thru their cloud connections.
Much more scary of course are not IoT things but routers, the very things that we use to protect us from this sort of crap - these need to be held to a higher standard - I look forward to a trusted open source standard for such things, so we can fix the problems ourselves that manufactureres refuse to
