Containers are never a security boundary. If you configure them correctly, avoid all the footguns, and pray that there's no container escape vulnerabilities that affect "correctly" configured containers then they can be a crude approximation of a security boundary that may be enough for your use case, but they aren't a suitable substitute for hardware backed virtualization.

The only serious company that I'm aware of which doesn't understand that is Microsoft, and the reason I know that is because they've been embarrassed again and again by vulnerabilities that only exist because they run multitenant systems with only containers for isolation