Magento 1 - End of Life
It might not be until June 2020 but believe me that date will arrive way sooner than you think, and if you’re a Magento 1 client you’ll already understand the work required to build and deliver a functional and properly presented e-commerce website.
Magento is providing security updates for all community versions from 1.5 through 1.9 up until the EOL date, with no additional quality fixes, and support levels (from Magento) will be reduced. The support offered up until end of life is for the Magento core platform only, and does not include any third party add-ons or extensions.
Now is the time to seriously consider your upgrade path and to begin the transition to Magento 2.
Magento 1 will not stop functioning, but with no more security updates or PHP version patches you will potentially become very vulnerable to future malicious attacks, and once a vulnerability has been identified we would expect random attacks will become more commonplace.
Contact your NetValue account manager for a free health check of your Magento 1 website and to begin making plans to ensure your online business will continue without disruption.