Attackers Compromised 500 E-Commerce Sites Through Vulnerable Magento Variant
In a recent attack, hackers managed to compromise more than 500 E-Commerce websites through a ‘Vulnerable’ Magento variant. The attack, which targeted Magento and its extensions, has now been halted, but the damage has already been done. It’s time to upgrade your content management system. In this article, we’ll discuss some reasons why you should upgrade now.
Magento 1 content management system (CMS) reached its end-of-life
In June of 2020, Magento 1 will no longer receive security patches, and it will no longer be considered PCI DSS compliant. This means that if your website experiences a data breach involving payment card information, you could be held liable for the loss. The end-of-life date was initially set for November 2018, but Magento has extended it to June 30, 2020, as a way to ease the transition for users.
While Magento 1 support is still available until December 31, 2018, you may not have the option to continue using it once the deadline passes. If you’re still using Magento 1, you’ll probably have trouble obtaining new credit card processing services. PayPal and other payment providers don’t like businesses that aren’t PCI compliant. In addition, merchants may need to migrate to a different CMS in order to maintain their PCI compliance.
Security updates and security patches for Magento 1 are not free. As of June 2020, Magento will no longer actively search for new vulnerabilities, and there will be no support for this CMS. If your site isn’t updated, it may become a breach target and you could face hefty fines. In addition to this, you’ll need to pay for domain updates. As a result, it’s crucial to keep security patches up to date to avoid major security risks.
The end-of-life of Magento 1 has several implications for ecommerce businesses. The first is that the end of life date coincides with the sunset of PHP 7.1, which means that you’ll no longer be supported by Magento 1.x. This means that you should upgrade to Magento 2.
As of June 2020, the end-of-life of Magento 1 means that you’ll no longer be able to receive security patches, functionality improvements, or any other support for the platform. In addition, third-party extensions for Magento 1 will no longer be maintained by the company, and the lack of support from the vendor can be problematic for your business. That’s why you should begin your migration process now.
Magento 2 content management system (CMS) reached its end-of-life
As you may have heard, the Magento 2 content management system (CMS) is nearing its end of life. It was released in September 2017 and is now ready to go to the software graveyard. This will coincide with the end of support for PHP 7.1. To avoid any problems, upgrade your Magento to a PHP version compatible with your website’s needs. However, Magento hasn’t announced any plans to extend the life of Magento 2.2.x.
Although the end-of-life date of Magento 1 has been extended, you will still have time to make the switch. Whether you need to migrate to Magento 2 or just use a different CMS, it’s crucial to think ahead. If you’re using Magento, now’s the time to start considering alternatives, especially if you haven’t updated in a few years. Also, you’ll have to find new themes and templates. Procrastination isn’t a wise strategy – you’ll just end up frustrated with the upcoming switch.
Magento 3 is a deprecated e-commerce platform
While a new version of Magento might be appealing for your website, you should be aware of the deprecation of your current Magento version. If you are still using Magento 2.3.x, your website will no longer receive support and updates from Magento. This version is considered an “unsupported” one by the Magento team. As such, you should consider an upgrade plan. A good alternative is BigCommerce, which can launch 50% faster than Magento 3.
In the world of eCommerce, Magento is the leading platform, empowering more than two million businesses from one-store entrepreneurs to large corporations. As a result, its popularity has grown to be so widespread that it powers nearly 20% of all online retail sites. The following are some reasons why you should upgrade to a new version of Magento. Here are some of the major differences. The first difference between Magento Open Source and Magento Commerce is the amount of extensions. Magento Open Source is much more extensible, and it allows merchants to easily integrate third-party extensions. Both Open Source and Magento Commerce are more expensive, but they are designed differently for different sized businesses.
Unlike Magento 2, Magento 3 has an abundance of SEO features that boost search engine rankings for store websites and product pages. It is also incredibly fast, with impressive page loading times. It allows for seamless integration with other platforms and payment gateways, and it can scale with your business. This highly flexible platform is perfect for e-commerce businesses of all sizes. The software is also continuously improving, making it a good option for any size business.
Magento 2.3 includes Amazon integration, which accounts for 44% of all online retail sales in the US. This integration enables merchants to leverage Amazon’s experience. Last year, more than half of Amazon’s units sold globally came from third-party sellers, and the integration will only increase this. Magento 2.3 has several benefits for both developers and merchants. Aside from its ability to integrate with Amazon, Magento 2.3 also offers enhanced security.
Magento 1 is a deprecated e-commerce platform
If you are still using Magento 1, you’re probably wondering if you should be worried about security risks. Unfortunately, it is not easy to detect security threats on an ageing platform. This means you’ll have to rely on your own resources to test and protect your website. Additionally, Magento will no longer be providing support for extensions or new versions of core features for Magento 1.
Fortunately, the Magento team has released a statement clarifying the situation. Until June 2020, Magento will continue to support Magento 1 – as long as you’ve paid the annual subscription fees. However, you’ll have to keep paying the subscription fee until you’ve migrated. The good news is that you can migrate to a new version without too much hassle. You can check which version you’re using by logging into your Magento Admin panel and looking at the footer. Although your site won’t shut down automatically after June 2020, if you’re still using Magento 1, you might want to think about a migration now.
The deprecated version of Magento is called Magento Commerce 1. The community edition of the platform is no longer supported. In fact, it’s deprecated. The community edition will end on March 31. You should consider migration to a newer version based on your needs. If you’re worried about security risks, check whether your platform has built-in payment gateways. However, if you’re using Magento for your business, consider upgrading to a premium version of the platform.
If you’re still using Magento 1, you’ll have to migrate to a new version of the platform before June 2020. There are alternatives, such as Magento 2, but it’s important to plan ahead to prevent security vulnerabilities. Make sure to migrate all your customer and order data and your product information. If you can’t migrate to Magento Commerce, you could risk exposing your website to a security breach.
While the new version of Magento can offer many benefits, Magento 1.x is deprecated in some areas. For example, it does not support PHP 7.x by default. Fortunately, this means that most extensions that run on Magento 1.x are not going to work on Magento 7 – which should increase performance and speed. By making an upgrade, you can improve your site’s performance and generate a significant Return on Investment.