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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
18
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) (22nd), AIOps (28th)
 

Mindshare comparison

As of July 2025, in the Enterprise Password Managers category, the mindshare of HashiCorp Vault is 11.6%, down from 13.8% compared to the previous year. The mindshare of LastPass is 3.0%, up from 2.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Password Managers
 

Featured Reviews

Anand-Awasthi - PeerSpot reviewer
Offers dynamic secrets and certificate management for proactive security measures
The best features in HashiCorp Vault are its dynamic certificate management and dynamic secret management, which are the key features that use data effectively. These are very targeted use cases that cut across multiple solutions. I have utilized Vault's encryption capabilities for securing data in transit and at rest, especially for dynamically consuming database encryption, which covers the requirements of various scenarios where databases do not have encryption capability. HashiCorp Vault provides security by rotating the keys and taking all the burden of securing the data from the database. These are key core features that many users employ in this solution. Vault's audit logs provide insights into access patterns and help ensure compliance. These facilities are configurable, and the logs are encrypted, ensuring that anything recorded in the logs is secure. We could use systems that comply with specific standards for audit logging and scanning, especially when working with them. The benefits from HashiCorp Vault include significant advantages in security lifecycle management itself. The value becomes apparent when security incidents occur. It has substantial value in proactively protecting from adverse situations, providing resilience and appreciation by customers in complete security lifecycle management solutions for core infrastructure applications.
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 interface is very simple to navigate."
"The product is free and easy to use. It is well documented with an easy implementation process."
"It is a good product to consider for companies who are looking to build on-premise or hybrid infrastructure."
"It's stable. I would rate the stability a nine out of ten."
"It is user-friendly and easy to implement from any application point."
"We use the solution for secret management."
"The tool's dynamic rotation of the password credentials is good."
"Increased security around password management for teams and collaborative efforts with external vendors."
"It's improved security; we don't have to worry about people storing password loosely and secure them."
"Scalability is fine, no issues with that, especially now that they have added different user-level permissions. That has made it a lot easier to delegate out certain features to have other people do."
"This product helps keep us secure."
"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."
"The most valuable feature is the liberty of keeping encrypted passwords and elevated information in a sealed vault."
"It's always hard to put a value on return on investment. You avoid one breach and it's paid for a million times over. We got a penetration test company internally, just to see how secure our network is, and there happened to be one bit of software that had been overlooked by an external company that managed it. It hadn't been upgraded so that managed to get them into the network. They would've been able to access through the test thing a file that we had previously. If that was a real-life scenario they would have been able to get into our network and get full access to our organization's passwords. If they did get in, they would have gotten access to the cloud. The ROI we see is that we are completely secured compared to what we had previously where there was a vulnerability."
"Off-boarding of people is easy without changing shared account passwords."
 

Cons

"An improvement needed is the ability for auto-initialization."
"The solution's initial setup process is complicated."
"In terms of features, the only thing that I found a little bit hinky was that there was no revocation or deletion on the model we were using. Once in a financial year, a client interacts, and you pay for that client for the year. So, there are just little things like that in the pricing. There should be more clarity around the end of the key. I know there is no system like this. They all are the same. I tested Microsoft, Google, and some others, and none of them really want you to delete a key, which makes sense. You delete a key, and you lose everything that it has wrapped or encrypted, but it's actually just a language. Deletion isn't really deletion. It's really revocation, but overall, HashiCorp Vault ticked all the boxes for us, and I couldn't fault it."
"The solution could be much easier to implement."
"We could use more documentation, primarily to do with integrations."
"I would like to see better integration of HashiCorp Vault with SAP products."
"The product is complicated to install."
"In my opinion, HashiCorp Vault could improve its user interface. Right now, they don't offer much in terms of a graphical interface, which means you usually have to manage things manually through API calls. I think CyberArk has a better approach because it provides a UI that integrates features across all its components, making it easier, especially for new users or those from organizations with strict licensing policies."
"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."
"The ability to set up an account expiration limit/date would be very useful."
"I also don't like the add-in for Internet Explorer and Google Chrome, because when you do the add-in, you can actually save that to your credentials in your IE, and the problem is, if I left my screen open, or any of the IT people leave their screen open someone could come up and access all their credentials in LastPass without having to put a password in within your own network. I don't like that functionality. We've banned that from any of our staff adding that as an add-in because we see that as a security risk."
"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."
"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."
"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."
"It is not super feature laden. It does not stand out versus the competition."
"LastPass has a problem syncing the passwords to all of the users."
 

Pricing and Cost Advice

"I am using the open-source version of Vault and I would have to buy a license if I want to get support."
"The product is expensive."
"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 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 solution's cost is reasonable."
"The AWS version is much cheaper than HashiCorp Vault."
"LastPass was cheap as chips. It was very cheap, hence one of the reasons we went with it. If you're a small organization and you're after something that'll do 90% of your requirements, it's very good. Licensing and all that was really cheap and simple to understand."
"I was not terribly alarmed with the pricing, and am pleased with the fact that a home license is included with each business license."
"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."
"In terms of pricing, my feeling is that they are all roughly the same. LastPass is in line with its competitors, plus or minute a dollar or two per month."
"You do not have to purchase licenses for your entire organization. You can scale as adoption grows."
"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."
"The subscription model is rated at a fair price."
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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
14%
Financial Services Firm
10%
University
8%
Insurance Company
8%
 

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...
Ask a question
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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: June 2025.
860,592 professionals have used our research since 2012.