Interconnection of various "things" are resulting into many issues related to security and privacy of IoT platform. With the advancement in technology, many e-businesses and retail stores are using IoT based solutions for their sale, marketing, productivity and promotions. These IoT based solutions are much helpful in providing various benefits to owner and customers. However, these solutions are vulnerable to many security and privacy based concerns. This paper addressed the rise of cyber threats in IoT, Enterprise view of IoT for E-Business & Retail Security, advancements in e-business and retail because of IoT, flow of threat agents related to security and privacy concerns in e-business and retail.