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CyberArk Privileged Access Manager vs HashiCorp Vault comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 16, 2024

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

CyberArk Privileged Access ...
Ranking in Enterprise Password Managers
3rd
Average Rating
8.6
Reviews Sentiment
6.8
Number of Reviews
228
Ranking in other categories
User Activity Monitoring (1st), Privileged Access Management (PAM) (1st), Mainframe Security (2nd), Operational Technology (OT) Security (3rd)
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
 

Mindshare comparison

As of September 2025, in the Enterprise Password Managers category, the mindshare of CyberArk Privileged Access Manager is 7.7%, down from 8.3% compared to the previous year. The mindshare of HashiCorp Vault is 10.3%, down from 13.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Password Managers Market Share Distribution
ProductMarket Share (%)
CyberArk Privileged Access Manager7.7%
HashiCorp Vault10.3%
Other82.0%
Enterprise Password Managers
 

Featured Reviews

Atul-Gujar - PeerSpot reviewer
Secures critical infrastructures with essential user session audit records
A potential area for improvement is enhancing support for cluster environments and distributed Vaults. Clients in multiple countries that need central access have different challenges that require better solutions from CyberArk. For financial services, CyberArk can improve incident response by ensuring fast support for critical priority tickets to meet compliance requirements. Providing more documentation on CyberArk is recommended for new team members to enhance their troubleshooting capabilities. I understand it's up to the client, but 99% fail to change the demo key, so it's crucial for CyberArk to emphasize changing the key and documenting it as part of the installation process.
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.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"You can easily manage more than 4000 accounts with one PSM."
"The access control feature and privilege and role-based assignment are outstanding."
"Rather than multiple tools for maintaining regulatory compliance around passwords and privileged accounts, we have centralized as much as possible with CyberArk. This is now a one stop shop for end users to access their elevated credentials."
"Password Vault's policy configuration is very good - when you receive an attack, you can segment the structure of the project in order to isolate parts or users."
"We have the identity provider for all the authentication processes. However, sometimes, we need access to different applications for customers or clients that are not integrated into the identity provider. For these, we need to store a password to gain access. For example, we use the CyberArk Password Vault for third-party services. This vault needs to be shared with many people in our company."
"The solution is very stable."
"CyberArk Privileged Access Manager is cool."
"Session recordings and timestamps are valuable features. They allow me to specifically select the time a particular command was executed, so I do not have to review the entire recording. I can click on events to determine where and when they happened."
"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 easily and see good results rapidly. When you integrate an internal API or application, it quickly manages that application's secrets."
"The most valuable feature of HashiCorp Vault is the management of tickets in the pipeline."
"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."
"The interface is very simple to navigate."
"We use the solution for secret management."
"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."
"The solution is stable. It has been working perfectly without any problem."
 

Cons

"This product needs professional consulting services to onboard accounts effectively based user profiles."
"We would like to expand the usage of the auto discovery accounts feed, then on our end, tie in the REST API for automation."
"We don't often contact technical support, but when we do it, the response could be faster and better."
"CyberArk has to continue to evolve with that threat landscape to make sure that they're still protecting those credentials that are owned by those that have privileged accounts in the firms."
"It can be made user-friendly, in the sense of the console is pretty outdated."
"The solution's architecture could be improved. It requires installation on four to five different servers. Each server has a purpose, but when you need to troubleshoot, it can be difficult because you need to access each of them. Reducing the number of servers would be helpful."
"The current user interface is a little dated. However, I hear there are changes coming in the next version."
"Pricing is a concern for me because it is not very user-friendly for startups, new users, or very small organizations."
"There could be a plugin for the database to change the secret automatically. It would be an efficient feature for password security."
"The product needs to improve its customization. It should be also more like easy to plug and play."
"The documentation is very general; it should have more examples and more use cases."
"The solution's initial setup process is complicated."
"In my opinion, HashiCorp Vault could improve its user interface. Right now, they don't offer much in terms of a graphical interface, which means you usually have to manage things manually through API calls. I think CyberArk has a better approach because it provides a UI that integrates features across all its components, making it easier, especially for new users or those from organizations with strict licensing policies."
"An improvement needed is the ability for auto-initialization."
"I would like to see better integration of HashiCorp Vault with SAP products."
"We could use more documentation, primarily to do with integrations."
 

Pricing and Cost Advice

"CyberArk DNA is free if you purchase the CyberArk solution. There is no additional charge for CyberArk DNA, which is great."
"It is not a cheap solution. It is expensive as compared with other solutions. However, it is one of the best solutions in their domain."
"The price of CyberArk Privileged Access Manager is expensive. There are no other fees other than the standard licensing fees."
"CyberArk provides all the features bundled. This is compared to other vendors who provide them as a different license for each functionality."
"With the current model of licensing, for my use cases, sometimes it's hard to convince the management and get budget approvals for it. It's expensive and you're not getting anything new. It's just a control, but in terms of risk, you are covering a big impact on the company. Improvement in the licensing prices is something I would want to have."
"Although CyberArk Privileged Access Management is expensive, its protection capabilities outweigh the cost."
"From a client perspective, CyberArk's pricing is fair but there is a significant increase each year. They should limit the price increase because this could potentially drive customers to other partners. Price changes should be at defined intervals. There should not be sudden jumps."
"Its price is high. I have also worked with Delinea. CyberArk is comparatively expensive compared to other PAM solutions, such as Delinea, especially during renewal."
"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."
"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."
"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."
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Top Industries

By visitors reading reviews
Financial Services Firm
15%
Computer Software Company
15%
Manufacturing Company
9%
Government
6%
Financial Services Firm
20%
Computer Software Company
13%
Manufacturing Company
8%
Government
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business60
Midsize Enterprise41
Large Enterprise171
By reviewers
Company SizeCount
Small Business5
Midsize Enterprise4
Large Enterprise9
 

Questions from the Community

How does Sailpoint IdentityIQ compare with CyberArk PAM?
We evaluated Sailpoint IdentityIQ before ultimately choosing CyberArk. Sailpoint Identity Platform is a solution to manage risks in cloud enterprise environments. It automates and streamlines the m...
What do you like most about CyberArk Privileged Access Manager?
The most valuable features of the solution are control and analytics.
What is your experience regarding pricing and costs for CyberArk Privileged Access Manager?
There has been no reduced cost associated with CyberArk Privileged Access Manager, as when it is required, you must pay for their licensing and prepare the full environment. While there are costs f...
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...
 

Also Known As

CyberArk Privileged Access Security, CyberArk Enterprise Password Vault
No data available
 

Overview

 

Sample Customers

Rockwell Automation
Adobe, SAP Ariba, Citadel, Spaceflight, Cruise
Find out what your peers are saying about CyberArk Privileged Access Manager vs. HashiCorp Vault and other solutions. Updated: July 2025.
867,349 professionals have used our research since 2012.