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The Internet of Things (IoT) is a group of millions of devices having sensors and actuators linked over wired or wireless channel for data transmission. IoT has grown rapidly over the past decade with more than 25 billion devices expected to be connected by 2020. The volume of data released from these devices will increase many-fold in the years to come. In addition to an increased volume, the IoT devices produces a large amount of data with a number of different modalities having varying data quality defined by its speed in terms of time and position dependency. In such an environment, machine learning (ML) algorithms can play an important role in ensuring security and authorization based on biotechnology, anomalous detection to improve the usability, and security of IoT systems. On the other hand, attackers often view learning algorithms to exploit the vulnerabilities in smart IoT-based systems. Motivated …