With millions of shoppers visiting leading online shopping stores, Magento continues to be the prime target of hackers. Most cyber criminals are trying to exploit websites that have not yet patched certain vulnerabilities by asking them to install fake Magento security patches.

It’s the time that you start worrying about the safety of your Magento store as the fake patch is being promoted in relation to the real vulnerability – Shoplift Bug. Magento released a real security patch for this bug, SUPEE-5344 almost a year ago. Still many Magento stores are not equipped with the patch which means that attackers have the potential to compromise thousands of eCommerce stores.

Magento is an undoubtedly popular eCommerce platform with thousands of Magento modules available. Originally managed by eBay, Magento has been spun off as a separate company. Online retailers of all sizes - multi-national companies and independent store owners – almost every online store is using this platform. Shoplift Bug is a serious remote code execution that allows cyber attackers the opportunity to get admin access to the store.

With this bug, hackers can take control and create other accounts, access customer payment information, install other malware, and even hijack the script that strips out credit card details during the payment process.

Lack of security opens up the opportunity for attackers to siphon off sensitive details of your business. Despite knowing the complexities, thousands of store are still un-patched. In many cases, various Magento stores have fallen victims to attacks using bots which deliver the Neutrino exploit kit, however many stores are still vulnerable to the attacks.

Fortunately, Magento 2.0 is a good choice over the previous one since this make the store more secure and stable by not only patching this vulnerability but also includes a number of other patches and updates that make it secure even under heavy load.

If you are using the older version and want to stick to it, then it is important that you install all the SUPEE updates and other incremental updates, made available by the developers. Along with installing these updates, make sure you update all your Premium Magento extensions and install from a reliable development company that offers guaranteed support and safe services.

Installing SUPEE updates is super easy, and will protect your customer data from unwanted attacks.