Watch Shri. S S Mundra, Deputy Governor, Reserve Bank of India, Key note address at the "International Seminar on Cyber Risk and Mitigation for Banks and FIs" Cyber incidents are increasingly shifting towards targeting of financial institutions instead of end users.... Cyber risk can not be brought down to zero. Hence a quick restoration plan with least damage post breach is crucial. There is a need to evolve a blueprint of co-ordination between financial institutions and public authorities in such an eventuality..... CISOs role needs to be enhanced from operational level to strategic level.