Re: IoT - where the S really is for Security
if your locks are basically controlled by an untrusted 3rd party (the lock supplier who holds the central account)
"The crashed locks – which connect to your home Wi-Fi for remote control and monitoring as well as firmware updates – are now going to be out of action for at least a week."
Doesn't read as 'a third party controlling the lock', unless pushing (b0rked) firmware updates counts as such too.