June 2020 marks the end of software support and released security patches for Magento 1. This applies to both Magento Commerce 1.X (formerly named Enterprise Edition) and Magento Open Source 1.X (formerly named Community Edition).
With the clock ticking before Magento 1 is no longer supported, now is a crucial time for merchants currently on Magento 1 to start thinking about their next steps and the future of their site. Without a proper plan or strategy in place to address this news, simply staying on Magento 1 past this end-of-life date will leave your existing site at risk and highly susceptible to attacks from hackers.
Planning ahead will allow you to not only make sure your site remains protected, but also help you make the most out of your re-platforming when you migrate away from Magento 1. Think about the critical features and functionalities on your current site that need to be carried over to your future site. Consider the site enhancements or areas on your current site you would like to improve upon or fix now that you have the opportunity.
Avoid leaving your site vulnerable to the risks and weaknesses that come with staying on an unsupported version, and start planning out the best next steps for the future of your business.