It wouldn’t be DefCon without a noted lock hacking team demonstrating the gross insecurity of some of the latest security locks, such as a biometric lock that could be easily cracked with a paper clip.
Some of the physical access control products hacked were of poor design. Some are well designed. All can be overcome by professionals. The existence of the legitimate locksmith industry is proof that we know this and that we, in fact, depend on it.
Security is about context. A typical home's front door lock really isn't meant to make it impossible to gain improper access. Rather, it is meant to raise the costs of gaining improper access.