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HashiCorp Vault vs LastPass Business comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Jul 27, 2025

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
5th
Average Rating
8.2
Reviews Sentiment
7.2
Number of Reviews
18
Ranking in other categories
No ranking in other categories
LastPass Business
Ranking in Enterprise Password Managers
18th
Average Rating
7.4
Reviews Sentiment
6.3
Number of Reviews
12
Ranking in other categories
Single Sign-On (SSO) (23rd), AIOps (31st)
 

Mindshare comparison

As of October 2025, in the Enterprise Password Managers category, the mindshare of HashiCorp Vault is 10.0%, down from 13.2% compared to the previous year. The mindshare of LastPass Business is 3.5%, up from 2.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Password Managers Market Share Distribution
ProductMarket Share (%)
HashiCorp Vault10.0%
LastPass Business3.5%
Other86.5%
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

"The tool's dynamic rotation of the password credentials is good."
"The benefits from HashiCorp Vault include significant advantages in security lifecycle management itself."
"It's stable. I would rate the stability a nine out of ten."
"It is a good product to consider for companies who are looking to build on-premise or hybrid infrastructure."
"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."
"The product is free and easy to use. It is well documented with an easy implementation process."
"This solution is easy to use and to integrate."
"Off-boarding of people is easy without changing shared account passwords."
"Until now, I haven't found anything like the dashboard. It gives you a security score. I find that to be really great. The Sharing Center is really great as well. And the Security Challenge is really great too."
"It's improved security; we don't have to worry about people storing password loosely and secure them."
"The most valuable feature is the liberty of keeping encrypted passwords and elevated information in a sealed vault."
"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."
"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 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."
"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."
 

Cons

"The product is complicated to install."
"The solution's initial setup process is complicated."
"The documentation is very general; it should have more examples and more use cases."
"The onboarding is a challenge. It should be more self-service, but it involves reviews and approvals."
"An improvement needed is the ability for auto-initialization."
"I don't think there are any major improvements required—so far, so good. However, I think that having more training materials, such as videos, and documentation available would be helpful. I would prefer to have more videos available either on the official site or on YouTube."
"HashiCorp Vault can be improved from the security perspective, as it focuses on security lifecycle management. It requires other solutions for monitoring as users need to rely on tools that constantly monitor the system, especially database activity."
"An improvement needed is the ability for auto-initialization. There should be an inbuilt option for automatic initialization rather than running it manually."
"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."
"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."
"Our biggest issue over the years was around the stability of the LDAP sync to AD."
"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 management through the plugin is poor. It consumes tons of client resources especially as an administrator."
"I would like to be able to reduce the log out time of the session."
"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."
 

Pricing and Cost Advice

"The solution's cost is reasonable."
"I am using the open-source version of Vault and I would have to buy a license if I want to get support."
"The AWS version is much cheaper than HashiCorp Vault."
"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 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."
"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."
"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 was not terribly alarmed with the pricing, and am pleased with the fact that a home license is included with each business license."
"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."
"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."
"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."
"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."
"You do not have to purchase licenses for your entire organization. You can scale as adoption grows."
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Top Industries

By visitors reading reviews
Financial Services Firm
19%
Computer Software Company
13%
Manufacturing Company
8%
Government
6%
Computer Software Company
12%
Manufacturing Company
9%
University
9%
Financial Services Firm
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business5
Midsize Enterprise4
Large Enterprise9
By reviewers
Company SizeCount
Small Business8
Large Enterprise7
 

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 Enterprise, Lastpasss Teams
 

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 Business and other solutions. Updated: September 2025.
868,787 professionals have used our research since 2012.