|
|
|
|
Magento 1 branch is scheduled to reach End-of-Life or EOL, as we call it technically, and is not going to receive security updates anymore.
Estimates say that the total number of impacted online stores will be between 200,000 and 240,000, according to different statistics sources online.
The open source platform was launched back in 2007, and the previous version powers 12% of global e-commerce stores, or close to 250,000 active sites.
So now, those users running on the previous version will either need to upgrade to Magento 2 or migrate to another ecommerce platform.
Upgrade to Magento 2
Do not think this is just like clicking a small button. Magento 2 will be built on a completely different architecture and the platform is stupendous. The upgrade essentially requires you to take optimum benefit out of Magento development services .
The community edition of Magento 2 is still free to download, but the smaller retailers who were able to upgrade to the enterprise edition of Magento 1 may find the added cost of Magento 2 to be a deal-breaker for them.
According to the official announcement from the Magento website
For Magento Commerce 1 (formerly known as Enterprise Edition):
For Magento Commerce 1, we are providing software support through June 2020. Depending on your version, software support may include both quality fixes and security patches. Please review our Magento Software Lifecycle Policy to see how your version of Magento Commerce 1 is supported.
For Magento Open Source 1 (formerly known as Community Edition):
For Magento Open Source 1, we are providing software security patches through June 2020 to ensure those sites remain secure and compliant. Please visit our Legal Terms page and review our Magento Open Source Software Maintenance Policy to see which versions of Magento Open Source 1 continue to receive software security maintenance.
While we're committed to supporting the success of all merchants, the time to upgrade to Magento Commerce 2 is now. Magento Commerce 2 delivers superior cloud-hosted performance at scale, freedom from IT bottlenecks with creating, scheduling, and launching compelling content, and true business intelligence capabilities. Plus Magento's unmatched flexibility enables our global community of partners and developers to deliver virtually any commerce experience in record time and at a superior total cost of ownership.
As a result, we're seeing tremendous community and market momentum for M2 as a whole, now with more than 2,000 available extensions, new capabilities launched quarterly (version 2.3 is on the horizon), and over 8,000 new quarterly M2 site launches on top of 30,000 existing Magento 2 sites.
We encourage all M1 customers to reach out to their Customer Success Managers or development partners to start their upgrade planning as soon as possible.
A fishing net for hackers
With the end of support set to land in June 2020, there will be new opportunities for attackers who can compromise these websites to access sensitive customer data.
All eyes will be on the groups using the infamous Magecart skimming code to harvest card details since they are entered into e-commerce website payment pages.
It is more than obvious that a CMS without support will develop vulnerabilities, leading to compromised website that cripples any e-commerce business. By exploiting M1 vulnerabilities which emerge but are no longer patched after June 2020, hackers can therefore theoretically implant the malicious JavaScript on even more sites next year.
Online shoppers have high expectations for the brands that they engage with, right from high performance, to security, to innovative interactions. As a business, one should make sure that their eCommerce operations are running with the confidence that they will be able to meet and exceed those expectations by and large. And Magento 2 promises exactly that.
|
|
