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HashiCorp Vault vs LastPass comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 16, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

HashiCorp Vault
Ranking in Enterprise Password Managers
4th
Average Rating
8.2
Reviews Sentiment
7.2
Number of Reviews
17
Ranking in other categories
No ranking in other categories
LastPass
Ranking in Enterprise Password Managers
17th
Average Rating
7.4
Reviews Sentiment
6.3
Number of Reviews
12
Ranking in other categories
Single Sign-On (SSO) (21st), AIOps (29th)
 

Mindshare comparison

As of May 2025, in the Enterprise Password Managers category, the mindshare of HashiCorp Vault is 12.3%, down from 14.2% compared to the previous year. The mindshare of LastPass is 2.9%, up from 2.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Password Managers
 

Featured Reviews

AKASHGUPTA3 - PeerSpot reviewer
Easy to manage and maintain the password API but stability could be improved
I would advise doing a Proof of Concept first and then deciding accordingly because your use case might be simple. You can try out AWS Key Management or Azure Key Vault. They are different products. Do the POC and then decide what you need. Overall, I would rate the solution a six out of ten. No solution is a ten in my opinion.
MK
Straightforward to set up, good support, intuitive to use, and offers good value for the cost
The most valuable feature is being able to use a single master password to access all of your other passwords. One feature that is really important to us is the ability to create secure notes. In our scenario, these are notes such as how to get some of our devices on the network. They are processes and procedures that we don't want anybody else to see, especially within the IT department. It's a small department and we have very many processes that we use, but not on a daily basis, so we aren't going to remember them. By using LastPass and secure notes, we can go back to those notes in a secure fashion and remind ourselves how to do certain things. For instance, how to create a test database for accounting, which is something that we do once a year. We don't want that to be out in a non-secure fashion, where somebody in the public can see it.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"It is an added value for our customers to have a Secrets Management workflow available that is PaaS/CaaS/KaaS Platform agnostic."
"The most valuable feature of HashiCorp Vault is version control."
"It is a good product to consider for companies who are looking to build on-premise or hybrid infrastructure."
"The product is free and easy to use. It is well documented with an easy implementation process."
"For me, the most valuable features include that it's easy to manage and maintain the password API for retrieving passwords and other things."
"The most valuable feature of HashiCorp Vault is that it's an open source solution. Second, it's cloud agnostic, so it's very easy to maintain and control, which is why we prefer HashiCorp."
"We were using it because we have compliance requirements around secret management. Having a secure vault and encrypting data was an additional requirement. When we looked at it first, we were just looking for a vault, like a lockbox. The greatest benefit of HashiCorp is its ability to manage encryption on the fly. It provides encryption of data at rest, in use, in transit, on the fly, and linked with applications, which was really attractive."
"The most valuable feature of HashiCorp Vault is the management of tickets in the pipeline."
"The most valuable feature is the liberty of keeping encrypted passwords and elevated information in a sealed vault."
"The stability has been rock solid. A couple of years ago, they were breached. However, if you had two-factor authentication enabled, it didn't affect you. We did, so it has been good."
"The shared folders is an important feature. It's the primary feature we use. Also, the ability for LastPass to autofill and hide the passwords, so we don't have to keep changing passwords every time a person leaves, is valuable."
"It is easy to use."
"One feature that is really important to us is the ability to create secure notes."
"Reduction in number of sensitive passwords stored insecurely on local systems."
"Off-boarding of people is easy without changing shared account passwords."
"Tech support has been good. We haven't needed it much, because it is not a complex application. There is not that much you have to do with it."
 

Cons

"A drawback for some clients who have to be PCI compliant is that they still need to use and subscribe to an HSM (Hardware Security Module) solution."
"The technical support was hard to get a hold of and lacking in service."
"The solution's initial setup process is complicated."
"The product needs to improve its customization. It should be also more like easy to plug and play."
"An improvement needed is the ability for auto-initialization. There should be an inbuilt option for automatic initialization rather than running it manually."
"There could be a plugin for the database to change the secret automatically. It would be an efficient feature for password security."
"The documentation is very general; it should have more examples and more use cases."
"The solution could be much easier to implement."
"Our biggest issue over the years was around the stability of the LDAP sync to AD."
"I would like to be able to reduce the log out time of the session."
"We have issues from time to time where, for some reason, it just keeps auto logging-out the user and then, the next day, they'll come in and it will work just fine."
"I struggle a little bit with the mobile app. As a browser extension, it works really well, and we are able to get to what we need to. However, on the phone, it's not quite as easy to navigate."
"Its user interface should be better, and there should probably be more information about scalability."
"One thing I wish LastPass had is an integration with Active Directory, not for synchronizing users but to actually manage, in some way, privileged accounts by replacing the password of LastPass itself."
"LastPass has a problem syncing the passwords to all of the users."
"The biggest thing is there is no good way to have LastPass rotate passwords without human intervention. Right now, we have to go into each folder, then rotate and manually update each password. It can be done it by loading a bunch of passwords into a spreadsheet, but this makes the whole process insecure because then the passwords have been noted into a spreadsheet which have to be upload. We have to go into 40 to 50 applications and manually update passwords, because we don't view their solution of writing a bunch of passwords on a spreadsheet, then uploading them as a secure solution. This should be done internally within LastPass."
 

Pricing and Cost Advice

"The solution's cost is reasonable."
"The product is expensive."
"I am using the open-source version of Vault and I would have to buy a license if I want to get support."
"It could do everything we wanted it to do and it is brilliant, but it is super pricey. To be fair to HashiCorp, we drove the price up with our requirements around resiliency. Because of the nature of our company, we don't really operate in the cloud."
"The AWS version is much cheaper than HashiCorp Vault."
"In my case, the open-source version works well. It's advisable for small to medium-scale organizations, but for large-scale organizations, you should go with the enterprise version."
"It would be nice to do a quarterly true-up process with them versus having to buy 50 licenses at a time when we realize we're out, then we have to buy more. So far, they have been nice about letting us exceed our allotment and just letting us true-up on our own, but a more robust quarterly true-up process would be good."
"The previous pricing was of good value. I don't really know, as of now, whether the new pricing is. The Enterprise license is $48 per license per year now. That is a steep increase of $24, which is what it was when we first signed up."
"I have been involved with many password managers. Passportal, Secret Server, CyberArk, and BeyondTrust. I chose LastPass for our organization because of the pricing. The organization didn't want to implement something really expensive. LastPass, for what it's offering, for the price that it's offering the service, is unbeatable."
"I was not terribly alarmed with the pricing, and am pleased with the fact that a home license is included with each business license."
"The pricing and licensing are okay. Basically, at the last contract negotiation, they attempted to jack the rate up and we just said, "No." We still did negotiations with them, but they bumped everything up quite a bit."
"You do not have to purchase licenses for your entire organization. You can scale as adoption grows."
"The subscription model is rated at a fair price."
"If you import from sources like XML, keepass, CSV files be sure to clean the import files, this reduces the adjustments in the slow tool itself."
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Top Industries

By visitors reading reviews
Financial Services Firm
20%
Computer Software Company
14%
Manufacturing Company
8%
Government
6%
Computer Software Company
15%
Financial Services Firm
11%
University
8%
Manufacturing Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

Which is better - HashiCorp Vault or AWS Secrets Manager?
HashiCorp Vault was designed with your needs in mind. One of the features that makes this evident is its ability to work as both a cloud-agnostic and a multi-cloud solution. As a cloud-agnostic sol...
What do you like most about HashiCorp Vault?
The feature I find most beneficial in HashiCorp Vault is the secret engine. It integrates smoothly with many applications, making it easy to set up and implement quickly. This allows you to test it...
What is your experience regarding pricing and costs for HashiCorp Vault?
If I were to set it up in AWS Secret Management, I would have to manage it, pay, and create secrets without being cloud agnostic. The advantage with Vault is that it is cloud agnostic. I can deploy...
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Also Known As

No data available
LastPass Business, LastPass Enterprise, Lastpasss
 

Overview

 

Sample Customers

Adobe, SAP Ariba, Citadel, Spaceflight, Cruise
Deakin University, Duke University, Code.org, Influitive, PeopleKeys, SMA Technologies, Skynamo
Find out what your peers are saying about HashiCorp Vault vs. LastPass and other solutions. Updated: April 2025.
851,604 professionals have used our research since 2012.