An ever-increasing range of smart, connected Internet of Things (IoT) devices poses entirely novel security and privacy challenges. Business models that wish to rely on smart product adoption will need to ensure the capability to deliver systems that ensure adequate data integrity of sensors with the guarantee of ample privacy for users. Incorporating smart devices into the mainstream internet poses many security problems, as most internet technologies and protocols have not been developed to support IoT. Strategic support units such as human resources need sufficient technical knowledge about the state-of-the-art to navigate and leverage industry 4.0 into their practices. Human resources professionals are increasingly asked to take strategic and not operational roles. Using a systematic review method, we expose the security and privacy challenges posed by IoTs and conclude with a framework that maps potential solutions to the identified problems. The framework adds to the strategic HR literature and practically helps improves the technical acumen of human resource professionals.