CyberArk Enterprise Password Vault vs LastPass comparison

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CyberArk Logo
7,745 views|4,796 comparisons
100% willing to recommend
LastPass Logo
2,887 views|2,687 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 what your peers are saying about Microsoft, HashiCorp, Amazon Web Services (AWS) and others in Enterprise Password Managers.
To learn more, read our detailed Enterprise Password Managers Report (Updated: March 2024).
768,415 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 logs and reporting features are impressive.""Super stable and easy to scale""Previously, we used to share passwords for service and normal admin accounts among team members. However, since we started managing it through the product, we've transitioned to individual admin accounts or implemented dual control for shared accounts. With dual control, exclusive checking and checkout options are available, and passwords are not stored in clear text anywhere in the credentials.""CyberArk has a lot of modules.""The most valuable feature of the solution is session recording.""I love how easily we could operate within Password Vault and get things done. It was almost effortless.""I haven't really thought about anything that I want to use it for, that I couldn't use it for.""The PSM is excellent and the ability to write your own connectors and plugins is invaluable as far as flexibility goes."

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"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.""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.""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 most valuable feature is the liberty of keeping encrypted passwords and elevated information in a sealed vault.""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.""One feature that is really important to us is the ability to create secure notes.""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 initial setup can get complex.""The initial setup could be simplified. Right now, in comparison to its nearest competitors, it's quite complex.""To get it to a ten it should give other possibilities to select if you could follow the keystrokes. It should have a flexibility with things where people can use it a lot faster.""Enhanced PSM support for Java based applications.""The interface could be improved it is not user-friendly, but they have improved but it could still improve. In the policies configuration, it would be a benefit to have more details.""The challenge with the product is pricing since it's expensive. It also needs to improve the customization. We encountered some stability issues as well.""The license is expensive.""The tool's UI has bugs and lags. It needs to be improved. The deployment process can be complex due to multiple components for various functionalities, each requiring separate infrastructure management. To simplify this process, consolidating all these components into a single platform could be beneficial. The product's pricing could be cheaper."

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"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.""Its user interface should be better, and there should probably be more information about scalability.""Our biggest issue over the years was around the stability of the LDAP sync to AD.""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.""It is not super feature laden. It does not stand out versus the competition.""The management through the plugin is poor. It consumes tons of client resources especially as an administrator.""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:Previously, we used to share passwords for service and normal admin accounts among team members. However, since we started managing it through the product, we've transitioned to individual admin… more »
    Top Answer:The tool's UI has bugs and lags. It needs to be improved. The deployment process can be complex due to multiple components for various functionalities, each requiring separate infrastructure… more »
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    Ranking
    Views
    7,745
    Comparisons
    4,796
    Reviews
    14
    Average Words per Review
    545
    Rating
    8.4
    Views
    2,887
    Comparisons
    2,687
    Reviews
    0
    Average Words per Review
    0
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    N/A
    Comparisons
    Also Known As
    LastPass Business, LastPass Enterprise, Lastpasss
    Learn More
    CyberArk
    Video Not Available
    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%
    Insurance Company7%
    Government7%
    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 Business14%
    Midsize Enterprise11%
    Large Enterprise75%
    REVIEWERS
    Small Business53%
    Large Enterprise47%
    VISITORS READING REVIEWS
    Small Business28%
    Midsize Enterprise13%
    Large Enterprise60%
    Buyer's Guide
    Enterprise Password Managers
    March 2024
    Find out what your peers are saying about Microsoft, HashiCorp, Amazon Web Services (AWS) and others in Enterprise Password Managers. Updated: March 2024.
    768,415 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, HashiCorp Vault, BeyondTrust Password Safe, 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.