MyCloud First Backup Will not Complete

I am unable to complete the first backup from my iMac using Time Machine, Catalina 10,15.3. Time Machine returns a message:
“Time Machine completed a verification of your backups on “WDMyCloudiMac.local”. To improve reliability, Time Machine must create a new backup for you.
Click Start New Backup to create a new backup. This will remove your existing backup history. This could take several hours.
Click Back Up Later to be reminded tomorrow. Time Machine won’t perform backups during this time.”
MyCloud firmware versionv04.05.00-342