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The Power of E-Commerce: Magento

Magento is one of the most popular content management systems (CMS) used by e-commerce companies today. With its advanced features, end users can now easily post their products, as well as manage incoming orders. This CMS is an open-source e-commerce platform written in PHP. The software was originally developed by Varien, Inc, a US private company headquartered in Culver City, California, with assistance from volunteers. Varien published the first general-availability release of the software on March 31, 2008. Roy Rubin, former CEO of Varien, later sold a substantial share of the company to eBay, which eventually completely acquired and then spun off the company.

 

Versions

Magento Open Source

Magento Open Source, previously “Magento Community Edition,” is an open-source eCommerce platform. Developers can implement the core files and extend its functionality by adding new plug-in modules provided by other developers. Since the first public beta version was released in 2007, Magento Open Source has been developed and customized in order to provide a basic eCommerce platform.

The current release and each of the previous historical release versions of the 1.X and 2.X version branches of Magento Open Source are available on the Magento Commerce, Inc. website for download as single-file downloads. Development of the 2.X version branch of Magento CE is coordinated publicly on GitHub.

The latest actively supported versions of Magento Open Source are CE 1.9.3 and 2.1.7.

 

Magento Commerce

Released April 11, 2016, Magento Commerce is a platform as a service.

Magento 2 has many new and improved features, developer tools  and its architecture is quite different from all the previous versions. Magento 2 was announced in 2010. It was planned for release in 2011, and its merchant beta version was released in July 2015. Since then Magento 1 and Magento 2 have existed simultaneously.

 

Magento Commerce (On-Premises)

Magento Commerce (On-Premises), previously called “Magento Enterprise Edition” is derived from Magento Open Source and has the same core files. Unlike Open Source, this is not free, but has more features and functionality. This product is designed for large businesses that require technical support with installation, usage, configuration, and troubleshooting. Although Magento Commerce has annual maintenance fees, neither Open Source nor Commerce (On-Premises) include hosting. The Magento team develops Magento Commerce by cooperating with users and third parties. Development on the 2.X branch of Magento Commerce is coordinated publicly on GitHub.

The latest actively supported versions of Magento Commerce are EE 1.14.2.4 and EE 2.1.7 released on May 31, 2017.

 

Security Issues

In 2015 it was reported that outdated or unpatched Magento web stores are susceptible to Cross-site scripting attack, which allow attackers to perform online skimming to steal user credit card information. According to a security expert, more than 4000 Magento web stores were vulnerable to such an attack in October 2016.

In 2017 security company DefenseCode reported that Magento CE web stores are susceptible to Remote Code Execution attack, which allows attackers to perform online skimming, steal stored credit card information of future and previous customers, take control of the database, and in some instances even the complete server – including other Magento instances. It’s suspected that up to 260,000 Magento web stores could be vulnerable to such an attack in April 2017.

 

Source: https://www.thewebkitchen.co.uk/magento-cms-what-is-magento-ecommerce/

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