Traitware Inc. announced it raised $101,000 in an initial filing from an offering of $5 Million

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TraitWare® Zero Trust, NON-Phishable, Passwordless MFA native access in 3 touches from a device you already carry. The average financial cost of a data breach is $3.86M (IBM) and it’s projected that around 1.5M new phishing sites are created each month (Webroot). To top it off, 76% of businesses report being a victim of a phishing attack every year. At TraitWare®, we are on a mission to bring those numbers down by providing a secure, passwordless solution for all users. Unlike other apps in the space, TraitWare® uses OAuth 2.0, SAML, and OpenID connect standards, meaning that you can rest assured that your data will be protected at all costs. Our app is easy to use and install and will save you time and money trying to come up with other solutions to protect your information. We believe in a Passwordless future, which is why we offer an MFA and SSO application that eliminates the need for any sort of password storage.