# Banks' Tech Risks Now Core Banking Threat

> RBI warns tech failures could disrupt banking even with strong finances.
- Title: Banks' Tech Risks Now Core Banking Threat · The Economic Times
- Summary: RBI warns tech failures could disrupt banking even with strong finances. Banks must treat technology as a core risk source, not just an enabler, to avoid…
- Keywords: rbi, rohit jain, technology risk, banking, financial stability, digital payments, cybersecurity, Banks', Tech, Risks, Core, Threat
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-biggest-risks-may-now-sit-inside-their-tech-stack-rbi-deputy-governor-rohit-jain/articleshow/134458804.cms
- Author: ET Online
- Published: 2026-09-24T10:19:00+00:00
- Read time: 1 min
- Topics: rbi, rohit jain, technology risk, banking, financial stability, digital payments, cybersecurity
## RBI Deputy Governor
RBI Deputy Governor Rohit Jain says technology is now the bank's risk architecture.

> Technology is no longer solely an enabler of banking. Technology architecture is becoming the risk architecture of a bank
## Tech Risk Impact
A tech failure can disrupt services even when banks have strong finances.

> A bank may have adequate capital and liquidity, sound governance and a strong balance sheet, but an unavailable technology system can leave customers unable to access essential financial services
## Tech Perimeter Expansion
Banks depend on interconnected tech systems from core banking to cybersecurity.

> Technology is embedded in almost every critical banking function, from core banking and payments to customer onboarding
## First-Order Risk
Tech risk must be treated as a top-level enterprise risk, not IT department issue.

> Technology risk should now be treated as a first-order enterprise risk, comparable in importance to traditional balance-sheet risks
## Third-Party Vulnerabilities
Vulnerabilities in fintechs or cloud can affect multiple banks.

> A vulnerability at a fintech, software provider, payment interface or common cloud environment can have consequences beyond a single institution
## AI Deployment Risks
AI could improve services but also amplify errors in credit and fraud decisions.

> Ai is expected to fundamentally change the financial sector, but governance must precede scale
## What Happens Next
Banks must prioritize tech resilience to maintain financial stability.

> The advantage will not necessarily belong to the institution that deploys the most sophisticated technology; it may belong to the institution that can understand, govern, and deploy technology with the greatest degree of discipline and foresight
## Key takeaway

Banks must treat technology as a core risk source, not just an enabler, to avoid service disruptions.