CyberArk Enterprise Password Vault vs LastPass comparison

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CyberArk Logo
7,462 views|4,622 comparisons
100% willing to recommend
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2,747 views|2,555 comparisons
78% willing to recommend
Comparison Buyer's Guide
Executive Summary

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

Find out in this report how the two Enterprise Password Managers solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed CyberArk Enterprise Password Vault vs. LastPass Report (Updated: May 2024).
772,649 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
"CyberArk has a lot of modules.""The most valuable feature is the special management. It records the activity and the actions that we use for auditing.""The most valuable features of CyberArk Enterprise Password Vault are password rotations and password encryptions.""It's a good solution, it works, and the bank is happy with it.""Password Vault's main advantage is its scalability. We constantly see huge enterprises implementing something like this, and the privileged session management is an excellent piece. You can kind of watch videos of whatever an admin has done.""The interface is very simple to use.""The solution is stable and reliable.""In terms of stability, there are no complaints."

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"This product helps keep us secure.""It is easy to use.""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.""Increased security around password management for teams and collaborative efforts with external vendors.""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 initial setup for this process is straightforward and extremely easy. It just works.""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."

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Cons
"The license is expensive.""There is a little bit of confusion in the implementation part, especially when one tries to understand the actual working of the product.""CyberArk Enterprise Password Vault must incorporate connectors for password and session managers in the marketplace.""The tool needs to improve its usage and interface. They need to have a modern and useful interface. I want the product to improve its integration capabilities as well since some of the integration features do not work always.""The price is high compared to Azure Key Vault. It's the most expensive solution.""CyberArk Enterprise Password Vault's deployment is complex for resources with little experience. Tech support needs to be improved as well based on quality and knowledge.""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.""I would prefer that this is a fully-managed service, rather than have to manage the software ourselves and keep it up to date."

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"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.""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.""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.""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."

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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
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    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 Firm30%
    Computer Software Company19%
    Comms Service Provider14%
    Pharma/Biotech Company5%
    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%
    Manufacturing Company5%
    Company Size
    REVIEWERS
    Small Business19%
    Midsize Enterprise22%
    Large Enterprise59%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise12%
    Large Enterprise74%
    REVIEWERS
    Small Business53%
    Large Enterprise47%
    VISITORS READING REVIEWS
    Small Business29%
    Midsize Enterprise13%
    Large Enterprise58%
    Buyer's Guide
    CyberArk Enterprise Password Vault vs. LastPass
    May 2024
    Find out what your peers are saying about CyberArk Enterprise Password Vault vs. LastPass and other solutions. Updated: May 2024.
    772,649 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 OneLogin by One Identity. See our CyberArk Enterprise Password Vault vs. LastPass report.

    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.