"IT people do little to understand compliance and the economic requirements that come with the job; without this they can not negate risk," Wright said.
"Business and IT need to work together and stop treating everything as a silo.
"It doesn't mean everyone has to know everything about law, finance and IT. It means each business unit or representative from each of these sections need to work together so there is discussion with the rest of the business."
Wright began his career working in IT at KMart in 1985 and later joining the Australian Stock Exchange (ASX).
After completing his SANS StaySharp and TCP course for Google hacking in November, Wright is planning another first by teaching the GSE course in Australia.
Wright spends next month in the US completing his final exams.
A report released earlier this year by Foote Partners LLC shows that formally certified security professionals on average command about 10 to 15 percent higher salaries than non-certified individuals in comparable roles.
Among the certification programs commanding the highest premiums were Certified Information Systems Security Professional (CISSP) , Certified Information Systems Auditor (CISA) and Certified Information Security Manager (CISM).