We were getting this error on a customized sales rep role when they tried to use "set regarding" in the outlook client. The security role was suppose to default to use the system security role to authenticate to CRM database, as we had minimized the user security settings to only see their user settings. But this does not work, CRM 2015 Online. Without a long story of painful troubleshooting, below is the fix for the security settings. After changing, users have to log in and out of outlook twice in order for error to go away. Enjoy.
On business management tab, change settings to the following:






