Data443 Risk Mitigation Announces Change in Certifying Accountant

On February 14, 2025, Data443 Risk Mitigation, Inc. (OTCMKTS:ATDS) filed a Form 8-K with the Securities and Exchange Commission, disclosing changes in its certifying accountant. The Company announced the dismissal of TPS Thayer, LLC as its independent registered public accounting firm. TPS had been the accounting firm responsible for the Company’s financial statements for the fiscal years ending December 31, 2023, and 2022. The reports from TPS did not contain adverse opinions or disclaimers, with the exception of an explanatory paragraph regarding the Company’s going concern status.

The decision to change accounting firms was approved by Data443 Risk Mitigation’s Board of Directors. During the fiscal years in question, there were no disagreements with TPS Thayer, LLC on accounting principles, financial disclosures, or auditing procedures that would have required disclosure in their reports. The company also noted that there were no reportable events apart from material weaknesses related to account reconciliation and financial statement accuracy.

Data443 Risk Mitigation provided TPS Thayer, LLC with the required disclosures and requested a response regarding their agreement with the statements, a copy of which is included as Exhibit 16.1 in the Form 8-K filing.

As part of the changes, the Company engaged HTL International, LLC as its new independent registered public accounting firm, effective February 14, 2025. Data443 Risk Mitigation confirmed that there had been no prior consultations with HTL regarding accounting principles, audit opinions, or disagreements on financial matters.

The filing also included the submission of necessary exhibits, with HTL International, LLC providing a letter addressed to the Securities and Exchange Commission dated February 14, 2025. Additionally, a Cover Page Interactive Data File was embedded within the Inline XBRL document.

Jason Remillard, the Chief Executive Officer of Data443 Risk Mitigation, signed the Form 8-K on behalf of the company. The filing indicated that Data443 Risk Mitigation qualifies as an emerging growth company as per the defined regulations.

This change in the Company’s certifying accountant reflects a strategic decision in its financial oversight and reporting processes moving forward.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Data443 Risk Mitigation’s 8K filing here.

Data443 Risk Mitigation Company Profile

Data443 Risk Mitigation, Inc provides data security and privacy management solutions in the United States. The company offers Cyren Threat Intelligence Service that provides security, response, software, and services; Cyren Inbox Security for Microsoft 365, which prevents user access to malicious links and attachments; Ransomware Recovery Manager to recover a workstation upon infection to the last known business-operable state; Data Identification Manager, a data classification and governance technology; Data Archive Manager for enterprise data retention management and archiving; and Sensitive Content Manager, a cloud-based platform for managing, protecting, and distributing digital content.