Obama to propose laws on data hacking notification, student privacy as he previews address

WASHINGTON – President Barack Obama wants Congress to pass legislation requiring companies to inform customers within 30 days if their data has been hacked.

Obama will also propose a bill that would prevent companies from selling student data to third parties.

A White House official says Obama will unveil the proposals Monday during a speech at the Federal Trade Commission. The announcement is part of the White House's efforts to preview components of the president's State of the Union address in the lead-up to the Jan. 20 speech.

The official was not authorized to be named and insisted on anonymity to discuss the proposed legislation ahead of Obama's announcement.