The Daily Dose

The White House says President Obama will call for new laws to ensure American companies inform their customers about consumer information being stolen in hack attacks, reports The New York Times. The president will propose the Personal Data Notification and Protection Act during his speech at the Federal Trade Commission today. If the proposal becomes law, the discovery of a breach would trigger a ’30-day shot clock’ requiring companies to disclose information. The law will also make it a crime to sell a person’s information overseas. The Federal Trade Commission, meanwhile, will be empowered to issue penalties to companies that fail to…

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