With Canvas Classic Quizzes, instructors have the option to deselect a checkbox for an individual student via ‘Moderate This Quiz’. Screenshot below showing Smokey T. Hound with Proctorio disabled.
With Canvas New Quizzes, via ‘Moderate’, the only way to disable Proctorio for an individual student would be to use Exam Flexibility; the Make Exam Flexible button at the bottom of the page:
When you make the exam flexible, a password is provided which should then be provided to the student so they can enter that to disable Proctorio. Of course, this password should not be shared.