It’s the biggest Magento 1 data breach since 2019, when Magecart attacked more than 960 online stores and compromised the personal data on around 500,000 customers. One more huge cyber attack on Magento 1 stores happened in 2015, when hackers attacked 700 online stores.
Magecart is a high profile malware and has caused problems for many high profile companies. For example, British Airlines received a 183m GBP fine when the malware infected its platforms and compromised the personal data of half a million of their customers.
Unfortunately, the number of hacker attacks on stores built with Magento 1 will only increase due to the end of its support. Despite the warnings of the Magento company and the leading payment solutions providers like VISA and PayPal, almost 100,000 online stores still use the outdated eCommerce platform.
However, two years of cautions about Magento 1 end of life did the work. More and more merchants migrate their businesses to Magento 2 and the number of Magento 1.x stores went down from 240,000 to 110,000 in June 2020, and to 70,000 today.
Magento 2 Offers Merchants More Comprehensive Security:
- Enhanced Password Algorithms
- 2-Factor Authentication
- Dynamic Backup Plan
- Unique Admin URL
- Better Development Environment
Moreover, Magento 1 can hardly keep up with the latest eCommerce trends and tendencies.
Haven’t Migrated Yet?
Mobecls Ltd. is an eCommerce development company, founded in 2010. We unite the skills of our developers, sales, marketing, and SEO specialists to provide online retailers with unique solutions, taking into account their business specifics and needs. We’ll smoothly migrate your data, extensions, integrations, design, and custom functionality regardless of your store’s size, the number of products, and custom functionality.
Mobecls Team provides several Magento migration packs. We help both middle-sized and large stores to smoothly migrate their data, design, custom functionality, extensions, SEO, etc. If you’re interested in our migration scenarios, contact our experts or click the orange button.