King Street Technology - Managed Service Provider to Law, Accounting, and SMBs in the Mid-Atlantic Region

King Street Technology is a Maryland-based provider of custom IT solutions for the small and medium sized business market. We provide first class information technology within budget and on time. Our approach to evaluating your company’s information needs and providing a solution focus on honesty, integrity, and simplicity.

As technology becomes more complex and deeper expertise is required, businesses are struggling to fill gaps in their IT teams. Consider the alarming shortage of cybersecurity professionals, coupled with the 600% uptick in cybercrime due to COVID-19.  According to Venture Beat, “companies are incurring steep costs from data breaches, with breaches costing companies an average of $4.24 million per incident — a nearly 10% increase over 2020”. 

These stats put IT leadership in an alarming predicament. First, they must attract qualified — often local — individuals, submit offers to suitable candidates, and then go through a newly formed hybrid, or still fully remote, on-boarding process. And, even if they are successful and your candidate starts on time, is building an internal team of highly skilled engineers that strategic with turnover percentages being as high as they are? Not necessarily.