Write a 700- to 1,050-word paper using Microsoft® Word to discuss the importance of regulatory requirements, security and privacy laws and monitoring compliance. Consider the following in your paper: Explain the major regulatory requirements that have a direct effect on IT in a health care organization when outsourcing the identified IT function. Explain how security and privacy laws affect the design and operation of the outsourced IT function. Explain the role of IT in monitoring compliance with the organization's risk management policies and plans when outsourcing the identified IT function. Format your paper according to APA guidelines. Cite at least 3 peer-reviewed, scholarly, or similar references.