That varies from brand to brand, but generally, yes. Given that it's happened to devices whose manufacturers have a long history of being part of large enterprise security mechanisms, flaws are still being found and actively exploited.
While this isn't an indicator of the quality of newer brands specifically, I believe it's reflective of the state of the industry as a whole -- in that digital physical security as a whole is still immature and shouldn't be trusted to keep bad guys (determined adversaries) at bad.
I feel that "digital physical security" might be limited, but it's still better or the same in most cases as regular old "physical security".
A lock that can be bumped isn't very secure. A lock that can be bumped or it's code discovered via some kind of power-monitoring attack isn't any less secure. But one without a keyway that can be attacked via power-monitoring is more secure in my opinion.
Everything is tradeoffs, and physical security is no different. Don't let perfect be the enemy of good here. If you are in the security industry, you should know that "bad" security that people will use is better than "good" security that people won't.
If a "smart lock" means I forget to lock my door less, I can monitor and record those who go into my house, and I can get alerts if the door is opened via any method, I'd call that a win even if there were pretty significant vulnerabilities that allowed an attacker physically present to get in.
While this isn't an indicator of the quality of newer brands specifically, I believe it's reflective of the state of the industry as a whole -- in that digital physical security as a whole is still immature and shouldn't be trusted to keep bad guys (determined adversaries) at bad.