When Adobe made its acquisition of Magento, the company had already transitioned over to Magento 2 and has only been fixing bugs, security issues and adding very little in the way on any new features.

This has kept many Magento 1 stores from being upgraded, according to a recent report there are around 100,000 websites still running M1.

So what does the future hold for those stores, well with the ending of support the likelihood is:

• Your store will no longer be PCI DSS complient
• M1 sites will be more exposed to security risks and increased likelihood of an account data compromise due to the lack of security upgrades.
• Hackers are going to try and find the flaw in your version1 platform.
• Plugins and extensions may stop working or become unavailable.
• Developers will stop developing on V1 and move all resources over to M2

PCI DSS complianceis essential for online retailers who are not offloading the secure order and payment processing to another platform, independent of the merchant’s website. But even merchants who are not storing sensitive customer data such as payment details and card information, could be at risk to cyber attacks which could be costly to the business.

So why have so many merchants not made the change to Magento2, it might be the view don’t fix whats not broken, the time and effort to upgrade, the cost and lets not ignore this factor, M2 is not exactly cheap, you can’t just switch your current M1 version to M2.