Are risk managers and auditors now going to be held personally liable for risk and controls mistakes?

It seems like that might be true in banking. Here’s an excerpt but you can read more in the document.

3) Ms. _________ as the Community Bank’s Group Risk Officer, failed to timely identify the root cause of team member sales practices misconduct in the Community Bank, failed to exercise credible challenge to the Community Bank’s head (_______) regarding risk management controls relating to sales practices, failed to timely and independently evaluate the effectiveness of Community Bank’s risk management controls, and failed to identify, address, and escalate risk management control failures that threatened the safety, soundness, and reputation of ________ Bank, N.A. 20

4) Mr. _________, as the ____ Executive Audit Director assigned to the Community Bank, failed to timely identify the root cause of team member sales
practices misconduct in the Community Bank, failed to provide credible challenge
when evaluating the effectiveness of Community Bank’s risk management controls, and failed to identify, address, and escalate risk management control failures that
threatened the safety, soundness, and reputation of the Bank. ..