I've never once had a lock fail on me, even when piercing things. When piercing resistant material it's often possible to orient the point in such a way that lock strain is kept to a minimum, and I usually hold the knife by the flats of the scales so that if the lock somehow did fail my fingers wouldn't be in the way. Any time you do something with a tool that puts strain on it, it's important to "listen" to the tool to identify when it's approaching its working limits. If you can feel the knife responding in a way that indicates strain, either get a better tool for the job or modify your technique to reduce that strain as much as possible while planning for how to respond to potential failure.