CyberArk Enterprise Password Vault vs LastPass comparison

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7,462 views|4,622 comparisons
100% willing to recommend
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2,747 views|2,555 comparisons
78% willing to recommend
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Executive Summary

We performed a comparison between CyberArk Enterprise Password Vault and LastPass based on real PeerSpot user reviews.

Find out what your peers are saying about Microsoft, Amazon Web Services (AWS), HashiCorp and others in Enterprise Password Managers.
To learn more, read our detailed Enterprise Password Managers Report (Updated: April 2024).
770,428 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The accounts are maintained automatically. Hence, resource and administration costs are less.""Thus far I can say technical support is excellent. We haven't had any issues or difficulties.""It's a highly flexible solution that can adapt to each customer's needs.""Our most valuable features would probably be key rotation, the SKM or SSH key manager, and account discovery.""Security is the solution's most valuable feature. As far as I know, this solution is the most secure system of this class on the market today, even considering another management system like Fudo Security, which we also use. The integration capabilities are very good; it helps strengthen our overall security.""The most valuable feature is the ability to delegate access to admins when they need it.""If properly set up, CyberArk Enterprise Password Vault has good stability, and is a very solid tool. It can run by itself. Its most valuable features are auto password recycling and PSM.""The most valuable features of CyberArk Enterprise Password Vault are password vaulting and automatic rotation of passwords after use."

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"The initial setup for this process is straightforward and extremely easy. It just works.""One feature that is really important to us is the ability to create secure notes.""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 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.""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.""The most valuable feature is the liberty of keeping encrypted passwords and elevated information in a sealed vault.""It's improved security; we don't have to worry about people storing password loosely and secure them.""Reduction in number of sensitive passwords stored insecurely on local systems."

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Cons
"The stability depends on the infrastructure it is installed on, which is important because CyberArk does not have the hardware appliance.""The solution is too big and complex for any businesses that are small or medium-sized. They should offer a more compact version or make a solution better suited to smaller businesses.""CyberArk's license is too expensive. I rate it seven out of 10 for affordability.""CyberArk has two disadvantages; the first is that it's insanely expensive and the other is it's very complex.""There was a situation when one of our presidents had an issue, but I can't recall the specifics.""Password Vault is much pricier than other solutions. A vendor team might struggle to explain why that price is justified. There are good alternatives that cost less.""The license is expensive.""What needs to be improved in CyberArk Enterprise Password Vault is their customer support, particularly in terms of responsiveness, willingness to help, and being more understanding. The initial setup and upgrade process for the solution is complex and can only be done by CyberArk, so this is another area for improvement."

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"I would like to be able to reduce the log out time of the session.""The ability to set up an account expiration limit/date would be very useful.""LastPass has a problem syncing the passwords to all of the users.""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.""It is not super feature laden. It does not stand out versus the competition.""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.""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."

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Pricing and Cost Advice
  • "This solution is expensive."
  • "The price of this solution is expensive."
  • "This product is very expensive."
  • "CyberArk is very expensive and there are additional fees for add-ons."
  • "It's per-company, license-based."
  • "It's an affordable platform."
  • "Licensing fees are paid on a yearly basis."
  • "Quite expensive"
  • More CyberArk Enterprise Password Vault Pricing and Cost Advice →

  • "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."
  • "You do not have to purchase licenses for your entire organization. You can scale as adoption grows."
  • "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."
  • "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 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."
  • "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 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."
  • "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."
  • More LastPass Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The password protection itself is the most important feature. It's something we didn't have before.
    Top Answer:It is expensive, but the cost is justified considering the security it provides. Compared to other solutions, it is costly. We have not tried other solutions, but the price is high. We only license… more »
    Top Answer:The session monitoring and recording feature is also a good feature feature, but we're currently experiencing an issue with session monitoring not working correctly. We're working with CyberArk to… more »
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    Ranking
    Views
    7,462
    Comparisons
    4,622
    Reviews
    15
    Average Words per Review
    545
    Rating
    8.4
    Views
    2,747
    Comparisons
    2,555
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
    Also Known As
    LastPass Business, LastPass Enterprise, Lastpasss
    Learn More
    CyberArk
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    Overview

    CyberArk Enterprise Password Vault, a vital component of the CyberArk Privileged Access Manager Solution (PAM), is designed to create, secure, rotate, and control access to privileged accounts and credentials used to access systems throughout an enterprise IT ecosystem. CyberArk Enterprise Password Vault enables enterprise organizations to better understand the scope of their privileged account risks and put controls in place to prevent malicious or inappropriate account or credential access.

    CyberArk Enterprise Password Vault uses a Central Policy Manager protocol (CPM) to perform the basic password management functions.

    • Verify Password Task - The CPM will pull the password from the vault and use it to log into the application or device to verify that the password is indeed correct and satisfies all the password safety protocols.
    • Change Password Task - The CPM will pull the password from the vault and create a new password that meets all preset protocols. It will send it to the device or application and then begin the process of changing it, using the same method that might be performed manually. The CPM will then update the password in the vault.
    • Reconcile Password Task - This task is utilized when there is a failure in either the Verify Password Task or the Change Password Task. Using a pre-established reconcile account from the vault, the CPM will use the reconcile account credentials to reset or fix problematic password issues due to changed passwords not being updated properly, new accounts being established, or any other failure with the above tasks.

    Enterprise organizations can utilize the easily adaptable policies and protocols to enforce granular privileged access controls, automate workflows, and rotate passwords at prescribed regular intervals without requiring any manual IT effort. Additionally, to satisfy compliance regulations, organizations can easily generate reports to prove that passwords are being changed regularly according to guidelines, meet strict password safety protocols, and report on which users accessed what privileged accounts, when, why, and what device they were using. Enterprise organizations can know at all times that data has remained secure at all times. CyberArk Password Vault will have enterprise organizations audit-ready at all times, keeping them safe and secure from risks while maximizing productivity and profitability.

    Reviews from Real Users

    Irma S., a program manager at a HR/Recruiting firm, said, "I love how easily we could operate within Password Vault and get things done. It was almost effortless."

    Another user, who is a security delivery analyst at a computer software company, relates that CyberArk Password Vault offers, “Good policy configuration and tech support.”



    Auto-pilot for all your passwords

    LastPass removes obstacles, letting you get back to the things you love most.

    Log in and go

    Once you save a password in LastPass, you'll always have it when you need it; logging in is fast and easy.

    Passwordless login

    Gain instant access to your LastPass vault by using the LastPass Authenticator instead of your master password.

    Generate strong passwords

    The built-in password generator creates long, randomized passwords that protect against hacking.

    Store digital records

    Insurance cards, memberships, Wi-Fi passwords... keep all your notes safe and easy to find.

    Share effortlessly

    Some things shouldn't be sent in a text. Conveniently and safely share passwords and notes with anyone.

    Dark web monitoring

    Stop worrying about data breaches. Get alerts if your personal information is at risk.

    Sample Customers
    AstraZeneca, Time, DBS, Novartis, Motorola, BT, pwc, Braun, Deloitte, Williams, Revlon, Belgacom, Barclays
    Deakin University, Duke University, Code.org, Influitive, PeopleKeys, SMA Technologies, Skynamo
    Top Industries
    REVIEWERS
    Financial Services Firm31%
    Computer Software Company19%
    Comms Service Provider14%
    Energy/Utilities Company6%
    VISITORS READING REVIEWS
    Financial Services Firm24%
    Computer Software Company11%
    Government7%
    Insurance Company7%
    REVIEWERS
    Engineering Company13%
    Non Tech Company13%
    Legal Firm13%
    University13%
    VISITORS READING REVIEWS
    Computer Software Company14%
    Insurance Company10%
    Financial Services Firm9%
    Comms Service Provider6%
    Company Size
    REVIEWERS
    Small Business19%
    Midsize Enterprise21%
    Large Enterprise60%
    VISITORS READING REVIEWS
    Small Business15%
    Midsize Enterprise11%
    Large Enterprise74%
    REVIEWERS
    Small Business53%
    Large Enterprise47%
    VISITORS READING REVIEWS
    Small Business28%
    Midsize Enterprise13%
    Large Enterprise59%
    Buyer's Guide
    Enterprise Password Managers
    April 2024
    Find out what your peers are saying about Microsoft, Amazon Web Services (AWS), HashiCorp and others in Enterprise Password Managers. Updated: April 2024.
    770,428 professionals have used our research since 2012.

    CyberArk Enterprise Password Vault is ranked 4th in Enterprise Password Managers with 48 reviews while LastPass is ranked 17th in Enterprise Password Managers. CyberArk Enterprise Password Vault is rated 8.4, while LastPass is rated 7.4. The top reviewer of CyberArk Enterprise Password Vault writes "Helps to store system accounts ". On the other hand, the top reviewer of LastPass writes "Straightforward to set up, good support, intuitive to use, and offers good value for the cost". CyberArk Enterprise Password Vault is most compared with Azure Key Vault, HashiCorp Vault, AWS Secrets Manager, Delinea Secret Server and Bitwarden, whereas LastPass is most compared with Azure Key Vault, BeyondTrust Password Safe, HashiCorp Vault, Keeper and Delinea Secret Server.

    See our list of best Enterprise Password Managers vendors.

    We monitor all Enterprise Password Managers reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.