Support for Magento 1 ended on June 30. If you don’t migrate to Magento 2 now, your site is vulnerable to data breaches, spam attacks, and it affects your site performance as well. Plus, you’re no longer eligible for PCI Compliance, which is a must for most payment services. With more and more businesses adopting Magento 2 technology, you won’t get the required support for your Magento 1 store.