Not really if done right to be fair. It's just a matter of implementing a signature verification of the firmware updates that are installed on the device.
> IoT is making its way into defense and enterprise environments where reliability is a matter of national security.
If it's a matter of national security surely you don't use IoT devices connected to the public internet. At least the devices are in some private network, where the traffic is under your control. So if you don't do security updates it may be acceptable under that circumstances.