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CyberArk Secrets Management vs LastPass Business comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Jul 27, 2025

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 Secrets Management
Ranking in Enterprise Password Managers
17th
Average Rating
7.2
Reviews Sentiment
6.0
Number of Reviews
5
Ranking in other categories
Access Management (20th)
LastPass Business
Ranking in Enterprise Password Managers
18th
Average Rating
7.4
Reviews Sentiment
6.3
Number of Reviews
12
Ranking in other categories
Single Sign-On (SSO) (23rd), AIOps (31st)
 

Featured Reviews

SP
Speedy secret retrieval with monitoring boosts efficiency but documentation needs enhancement
We occasionally experience incidents that delay password injection back into the script. Additionally, we've sometimes focused on vaulting instead of actively managing passwords, which is a concern that requires further exploration. I'm comparing the capabilities of Conjur and Secret Service with our existing products to ensure all our use cases are covered. Some features, like dynamic tokens for Azure and GCP, are already supported by other products but not yet by Conjur. Additionally, full support for GCP Secrets Manager and CyberArk needs confirmation. While Conjur has potential, implementation was complex and required professional services. Simplifying the setup process, particularly for Conjur Edge and Conjur Cloud, would be beneficial. Improving documentation, especially for daily tasks like creating safes, would make the product more user-friendly for those new to Conjur.
MK
Straightforward to set up, good support, intuitive to use, and offers good value for the cost
The most valuable feature is being able to use a single master password to access all of your other passwords. One feature that is really important to us is the ability to create secure notes. In our scenario, these are notes such as how to get some of our devices on the network. They are processes and procedures that we don't want anybody else to see, especially within the IT department. It's a small department and we have very many processes that we use, but not on a daily basis, so we aren't going to remember them. By using LastPass and secure notes, we can go back to those notes in a secure fashion and remind ourselves how to do certain things. For instance, how to create a test database for accounting, which is something that we do once a year. We don't want that to be out in a non-secure fashion, where somebody in the public can see it.

Quotes from Members

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

Pros

"The audit trails have been extremely important for us in helping our organization meet regulatory requirements."
"With CyberArk Secrets Management, we were able to resolve the automatic change of the passwords based on timelines. We were also able to retrieve the passwords in an encrypted format by utilizing the CyberArk platform, which was not provided to us by UiPath."
"The automatic rotation of the password is the top feature."
"CyberArk Secrets Management is a critical solution for strengthening our security posture."
"One of the most important features for us is the system's performance, particularly its speed of retrieving secrets."
"The granular controls of CyberArk Secrets Management are very niche in their development and very secure from the overall secret management perspective, offering high-level functionalities where we have control over user access, which can be tracked and monitored."
"It's vital for effectively managing and securing my credentials."
"CyberArk's support team is knowledgeable and helpful, consistently responding on time."
"The stability has been rock solid. A couple of years ago, they were breached. However, if you had two-factor authentication enabled, it didn't affect you. We did, so it has been good."
"The initial setup for this process is straightforward and extremely easy. It just works."
"The most valuable feature for me is being able to pair applications and user permissions."
"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."
"One feature that is really important to us is the ability to create secure notes."
"Off-boarding of people is easy without changing shared account passwords."
"Increased security around password management for teams and collaborative efforts with external vendors."
"The most valuable feature is the liberty of keeping encrypted passwords and elevated information in a sealed vault."
 

Cons

"There is room for improvement with better documentation and less need for CyberArk Secrets Management personnel to assist us with their presence."
"Improvements for CyberArk Secrets Management include enhanced documentation with more use cases and step-by-step integration guides."
"Implementation was complex and required professional services."
"Implementing it and ensuring seamless password rotations present challenges."
"The password search feature and integration between different vaults could be enhanced. For instance, when updating passwords in both lower and higher environment vaults, improvement is required in search and upgrade functions."
"We occasionally experience incidents that delay password injection back into the script."
"We did not have a good experience with technical support because their numerous processes caused delays in engaging, leading to project delays or issues with production."
"The management through the plugin is poor. It consumes tons of client resources especially as an administrator."
"I would like to be able to reduce the log out time of the session."
"It is not super feature laden. It does not stand out versus the competition."
"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."
"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."
"LastPass has a problem syncing the passwords to all of the users."
"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."
"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."
 

Pricing and Cost Advice

"It is in the middle. It is neither very cheap nor very expensive, so I would place it in the middle."
"CyberArk Secrets Management has a moderate pricing structure based on a per-tenant licensing model rather than a per-user account model like their PAM solution."
"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."
"The subscription model is rated at a fair price."
"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."
"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."
"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."
"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."
"I was not terribly alarmed with the pricing, and am pleased with the fact that a home license is included with each business license."
"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."
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Top Industries

By visitors reading reviews
Insurance Company
15%
Financial Services Firm
11%
Computer Software Company
9%
Comms Service Provider
8%
Computer Software Company
12%
Manufacturing Company
9%
University
9%
Financial Services Firm
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business8
Large Enterprise7
 

Questions from the Community

What needs improvement with CyberArk Secrets Management?
The tool is very good, but the commercialized training, which is paid, could be improved. Regularizing those trainings as part of a global alliance between the customer, SI partner, and CyberArk wo...
What is your primary use case for CyberArk Secrets Management?
The main use case for CyberArk Secrets Management is application integrations and the CI and CD part. In CyberArk Secrets Management, there are a variety of tools that they cover, one being the Cre...
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Also Known As

No data available
LastPass Enterprise, Lastpasss Teams
 

Overview

 

Sample Customers

Information Not Available
Deakin University, Duke University, Code.org, Influitive, PeopleKeys, SMA Technologies, Skynamo
Find out what your peers are saying about CyberArk Secrets Management vs. LastPass Business and other solutions. Updated: September 2025.
868,759 professionals have used our research since 2012.