Explanation/Reference:
Explanation:
Laws and regulations of the country of origin may not be enforceable in foreign country and conversely, it is also true that laws and regulations of the foreign outsourcer may also impact the enterprise. Hence violation of applicable laws may not be recognized or rectified due to lack of knowledge of the local laws.
Incorrect Answers:
A: Security breach notification is not a problem and also time difference does not play any role in 24/7 environment. Pagers, cellular phones, telephones, etc. are there to communicate the notifications.
B: Outsourcing does not remove the enterprise's responsibility regarding internal requirements. Hence monitoring the compliance with its internal security and privacy guidelines is not a problem.
D: The need for additional network intrusion detection sensors is not a major problem as it can be easily managed. It only requires addition funding, but can be addressed.

The data owner is accountable for the confidentiality of the data that is outsourced to a third party with servers located in a foreign country. The data owner is the person or entity that has the authority and responsibility to classify, label, and protect the data according to the organization's policies and standards. The data owner is also responsible for defining the data access rights and privileges, and for ensuring that the data is handled in compliance with the applicable laws and regulations. The data owner retains the accountability for the data even when it is outsourced to a third party, and must monitor and evaluate the security performance and compliance of the service provider. The third-party data custodian, the data custodian, and the regional office executive are not accountable for the confidentiality of the data, as they have different roles and responsibilities in the outsourcing process. References = Risk and Information Systems Control Study Manual,
7th Edition, Chapter 5, Section 5.2.1.2, page 2461
1: ISACA Certified in Risk and Information Systems Control (CRISC) Exam Guide, Answer to Question
654.

Explanation/Reference:
Explanation:
The inputs to the plan risk management process are as follows:
Project scope statement: It provides a clear sense of the range of possibilities associated with the

project and establishes the framework for how significant the risk management effort may become.
Cost management plan: It describes how risk budgets, contingencies, and management reserves will

be reported and accessed.
Schedule management plan: It describes how the schedule contingencies will be reported and

assessed.
Communication management plan: It describes the interactions, which occurs on the project and

determines who will be available to share information on various risks and responses at different times.
Enterprise environmental factors: It include, but are not limited to, risk attitudes and tolerances that

describe the degree of risk that an organization withstand.
Organizational process assets: It includes, but are not limited to, risk categories, risk statement formats,

standard templates, roles and responsibilities, authority levels for decision-making, lessons learned, and stakeholder registers.
Incorrect Answers:
A: It is not an input for Plan risk management process.