The time has come for us to say goodbye to Magento 1, and welcome Magento 2. Magento has officially announced that as of June 30th, Magento 1 will become ‘end of life’. Below we explore what this means, and why you should move over to Magento 2.

Magento 1 end of life essentially means that no security patches or quality control measures will be executed or planned for Magento 1 after June 30th 2020. If you are currently using Magento 1, you should migrate over to Magento 2 before this date; this is to ensure you do not compromise the security and efficiency of your business. It is important to note all versions of Magento 1 will become end of life; including Magento Commerce 1 and Magento Open Source 1.

Why you need to migrate to Magento 2

Your business will be at risk of a data breach

After June 30th, Magento 1 users will become a target for individuals and hackers with malicious intent, as no security patches or fixes will be completed on Magento 1. A security breach can be almost impossible for a business to recover from; and the negative repercussions can be extremely long-lasting.

Your business will no longer be compliant with Payment Card Industry Data Security Standards (PCI DSS)

PCI DSS are global standards set by credit card companies, such as Master Card and Visa. The standards apply to all retailers that process payments, and if a company fails to meet these standards, they will not qualify for payment forensic investigations. One of the key requirements of PCI DSS states a merchant’s systems must be secure and receive vendor-supplied security patches. After June 30th, therefore, Magento 1 will no longer meet this requirement.

What to do if you currently operate with Magento 1

If you currently operate with Magento 1, don’t worry, there is still time for you to migrate to Magento 2 before June 30th. Below we list some of the new features of Magento 2, which may help you to make the decision to migrate.

1. Speed

Overall, Magento 2 is 25% faster than Magento 1. For example, Magento 2 can process 39% more orders per hour than Magento 1 and provides an end-to-end checkout time that is 51% faster.

2. Mobile friendly

Magento 2 is mobile-friendly and is more responsive and intuitive for customers accessing your website on a mobile or tablet device.

3. Security

Magento 2 has numerous new security features. For example, Magento 2 has an updated hashing algorithm for better password management.

If you would like some more information on upgrading from Magento 1 to Magento 2, contact our team at CDA, we are more than happy to give you the advice and information you need.