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

Associated Press

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.

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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.