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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
4th
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
17th
Average Rating
7.4
Reviews Sentiment
6.3
Number of Reviews
12
Ranking in other categories
Single Sign-On (SSO) (22nd), AIOps (30th)
 

Mindshare comparison

As of August 2025, in the Enterprise Password Managers category, the mindshare of HashiCorp Vault is 11.3%, down from 13.6% compared to the previous year. The mindshare of LastPass Business is 3.0%, up from 2.6% 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 product is free and easy to use. It is well documented with an easy implementation process."
"The most valuable feature of HashiCorp Vault is the management of tickets in the pipeline."
"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."
"This solution is easy to use and to integrate."
"The benefits from HashiCorp Vault include significant advantages in security lifecycle management itself."
"It can still be configured by a separate team other than developers. That's why I think it's more secure."
"The most valuable feature of HashiCorp Vault is version control."
"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."
"Increased security around password management for teams and collaborative efforts with external vendors."
"It is easy to use."
"The most valuable feature for me is being able to pair applications and user permissions."
"This product helps keep us secure."
"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."
"Off-boarding of people is easy without changing shared account passwords."
"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."
 

Cons

"We could use more documentation, primarily to do with integrations."
"The technical support was hard to get a hold of and lacking in service."
"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."
"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 documentation is very general; it should have more examples and more use cases."
"There could be a plugin for the database to change the secret automatically. It would be an efficient feature for password security."
"The product is complicated to install."
"Right now we have two products; there is the password manager and there is the authenticator app. Ideally, these should be fully integrated and support better handling of two-factor authentication or any other authenticator data."
"LastPass has a problem syncing the passwords to all of the users."
"I would like to be able to reduce the log out time of the session."
"Its user interface should be better, and there should probably be more information about scalability."
"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."
"It is not super feature laden. It does not stand out versus the competition."
"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."
"Our biggest issue over the years was around the stability of the LDAP sync to AD."
 

Pricing and Cost Advice

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

By visitors reading reviews
Financial Services Firm
20%
Computer Software Company
13%
Manufacturing Company
9%
Government
6%
Computer Software Company
12%
Manufacturing Company
9%
University
9%
Financial Services Firm
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...
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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: July 2025.
865,295 professionals have used our research since 2012.