Obama to call for laws on data hacking, privacy

US President Barack Obama wants Congress to pass legislation requiring companies to inform customers within 30 days if their data has been hacked, a move that follows high-profile breaches at retailers including Target, Home Depot and Neiman Marcus.

A White House official said Obama was scheduled to announce the proposed legislation on Monday, along with a measure aimed at preventing companies from selling student data to third parties and from using information collected in schools to engage in targeted advertising.

Obama's proposals are part of a White House effort to preview parts of the president's State of the Union address ahead of the Jan 20 speech. The official, who insisted on anonymity, was not authorized to discuss the proposed legislation by name ahead of Obama's speech on Monday at the Federal Trade Commission.