Mage Data

Mage Data is a data security and privacy company that provides solutions for discovering, classifying, and protecting sensitive data across enterprise environments. The company's core product, iSecure, focuses on data protection techniques including data masking, tokenization, and encryption to help organizations secure sensitive information while maintaining its utility for business operations. Mage Data targets organizations in regulated industries, with particular focus on Banking, Financial Services, and Insurance (BFSI) sectors. Their solutions address compliance requirements across multiple regulatory frameworks, including SOX (Sarbanes-Oxley Act), GDPR, CCPA, and India's Digital Personal Data Protection Act (DPDP). The company also addresses Data Security Posture Management (DSPM) use cases. Their approach centers on sensitive data discovery across enterprise environments, followed by the application of appropriate protection controls — encryption for long-term storage, tokenization for data in transit or migration, and masking to preserve data utility while limiting exposure. They also support access control frameworks based on least-privilege principles and change management processes for financially relevant systems. The company is led by Founder and CEO Rajesh K. Parthasarathy, and maintains a leadership team that includes a CTO, COO, CISO, and Chief Solutions Architect. Mage Data has a Strategic Advisory Board and a Board of Directors that includes external investors and advisors. The company appears to serve both U.S. and international markets, including India.