Jan 122015
 
 January 12, 2015  Breaches, Laws, Youth & Schools

Michael D. Shear and Natasha Singer report:

 President Obama on Monday will call for federal legislation intended to force American companies to be more forthcoming when credit card data and other consumer information are lost in an online breach like the kind that hit Sony, Target and Home Depot last year, White House officials said Sunday.

The Personal Data Notification and Protection Act would demand a single, national standard requiring companies to inform their customers within 30 days of discovering their data has been hacked. In a speech scheduled for Monday at the Federal Trade Commission, Mr. Obama is expected to say that the current patchwork of state laws does not protect Americans and is a burden for companies that do business across the country.

Read more on NY Times.

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