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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
2nd
Average Rating
8.6
Reviews Sentiment
6.9
Number of Reviews
223
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
17
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of June 2025, in the Enterprise Password Managers category, the mindshare of CyberArk Privileged Access Manager is 8.0%, down from 9.0% compared to the previous year. The mindshare of HashiCorp Vault is 11.9%, down from 14.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Password Managers
 

Featured Reviews

Abdul Durrani - PeerSpot reviewer
Enables granular and secure access with just-in-time access and Zero Trust model
CyberArk provides a good amount of control over access types. However, as a future enhancement, having additional features for cross-platform integration would be beneficial. It would be good to have integrations with other tools and firewalls, such as Zscaler and CrowdStrike. Although I am not fully aware of recent updates, more cross-platform integration would be valuable. A SOC analyst would like to have centralized access in terms of information flowing in even for privileged access management. They would like to have control over everything instead of opening four to five tabs for different sorts of information. Cross-platform integration would help with that. Customers also want CyberArk's pricing to be better so that they can implement it further and have more licenses. Implementing a privileged access management solution can be challenging. It would be great if CyberArk could provide recommendations based on the compliance standards of an organization. It would help system admins ensure that all the required ports are closed and the systems are being managed properly. If any system is not being used anymore, any ports opened for that system need to be closed. Having such recommendations would be helpful.
AKASHGUPTA3 - PeerSpot reviewer
Easy to manage and maintain the password API but stability could be improved
I would advise doing a Proof of Concept first and then deciding accordingly because your use case might be simple. You can try out AWS Key Management or Azure Key Vault. They are different products. Do the POC and then decide what you need. Overall, I would rate the solution a six out of ten. No solution is a ten in my opinion.

Quotes from Members

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

Pros

"When we started with RPA, there was a requirement that every credential and the bots themselves be protected through the PAM system. From the get-go, we've had CyberArk in the middle... We've got a pretty robust RPA implementation with our PAM platform. Users, bots, the credentials — everything is managed via our PAM solution."
"Securely protects our TAP/NUID and privileged access accounts within the company."
"CyberArk's GUI is user friendly."
"CyberArk Privileged Access Manager’s ability to safeguard credentials is very important."
"CyberArk Privileged Access Manager indeed helps meet compliance and regulatory requirements for customers, especially in the financial sector, by aligning with PCI DSS standards."
"It's a highly flexible solution that can adapt to each customer's needs."
"The main feature of CyberArk Privileged Access Manager is the ability to manage who has access to what and when, especially with shared accounts."
"The Vault offers great capabilities for structuring and accessing data."
"It's stable. I would rate the stability a nine out of ten."
"It is an added value for our customers to have a Secrets Management workflow available that is PaaS/CaaS/KaaS Platform agnostic."
"It is a good product to consider for companies who are looking to build on-premise or hybrid infrastructure."
"We were using it because we have compliance requirements around secret management. Having a secure vault and encrypting data was an additional requirement. When we looked at it first, we were just looking for a vault, like a lockbox. The greatest benefit of HashiCorp is its ability to manage encryption on the fly. It provides encryption of data at rest, in use, in transit, on the fly, and linked with applications, which was really attractive."
"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."
"We use the solution for secret management."
"It can still be configured by a separate team other than developers. That's why I think it's more secure."
 

Cons

"My company always complains about the cost of CyberArk Privileged Access Manager because it's too high."
"Enhanced PSM support for Java based applications."
"Their support can be better. Their SLA timings are higher than others."
"There is room for improvement, particularly with Vendor PAM."
"I would like to see more integration with more tools, for more APIs."
"Overall what I would really love to see is the third-party PAS reporter tool pulled more into the overall solution, ideally as its own deployable component service installation package."
"I would like to see better automation in granting access, better tools, more efficient tools, to be able to customize the solution that CyberArk provides."
"CyberArk's license is too expensive. I rate it seven out of 10 for affordability."
"I would like to see better integration of HashiCorp Vault with SAP products."
"We could use more documentation, primarily to do with integrations."
"The product needs to improve its customization. It should be also more like easy to plug and play."
"The solution's initial setup process is complicated."
"I would rate the stability a six out of ten. There are some bugs and glitches. We are in touch with the vendor to resolve them."
"The documentation is very general; it should have more examples and more use cases."
"The onboarding is a challenge. It should be more self-service, but it involves reviews and approvals."
"The technical support was hard to get a hold of and lacking in service."
 

Pricing and Cost Advice

"Pricing and licensing depend on the environment."
"Compared to other solutions, it is costly."
"Generally, I don't get involved in the licensing or the purchasing side of it, but I do know that the licenses are expensive."
"CyberArk is one of the best PAM solutions and one of the most expensive, but it works better than the others, so the pricing is fair."
"Its price can be reduced."
"Since CyberArk is at the top of the Gartner list, the cost is indeed on the higher side, but customers must discern which entities are essential to purchase. They should weigh the cost against the quality received."
"They have two types of licensing: purchase and subscription. You have to pay for each admin user, such as Microsoft admin, mail admin, database admin, etc."
"The price of the solution is reasonable."
"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."
"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 solution's cost is reasonable."
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Top Industries

By visitors reading reviews
Educational Organization
27%
Financial Services Firm
13%
Computer Software Company
12%
Manufacturing Company
6%
Financial Services Firm
20%
Computer Software Company
15%
Manufacturing Company
8%
Government
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

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?
The pricing for CyberArk Privileged Access Manager is quite expensive, and the pricing varies from region to region. In APAC, CyberArk Privileged Access Manager can be obtained for less than in Nor...
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: June 2025.
856,873 professionals have used our research since 2012.