As you know, a working group was constituted by RBI under the Chairmanship of Shri.
G. Gopalakrishna, ED, RBI on Information security, Electronic Banking, Technology Risk management and cyber frauds which provides detailed  BIS central bankers’ speeches  3  suggestions in areas relating to IT Governance, Information security, IT operations, Information system audit, Cyber frauds, Business Continuity Planning, customer education and legal issues arising out of use of IT.