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The Payment Card Industry (PCI) Security Standards Council has revoked an organization's status as both Qualified Security Assessor and Payment Application Qualified Security Assessor after a regular review showed a "failure to satisfy the high standard set forth" for the credentials, reports SC Magazine. The PCI Council is not saying why Chief Security Officers (CSO) lost the credentials, but one expert predicts it will be costly for merchants currently being assessed by or waiting for validation from CSO. "If the work done was truly insufficient for the PCI Council, the product vendors, merchants and service providers will need to address their customers' concerns that will inevitably come following this announcement," he said.     
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