CyberArk Secrets Management vs LastPass comparison

CyberArk Secrets Management

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Executive Summary

We performed a comparison between CyberArk Secrets Management 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 Secrets Management vs. LastPass Report (Updated: April 2025).

CyberArk Secrets Management vs. LastPass

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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

15th

Average Rating

7.4

Reviews Sentiment

8.0

Number of Reviews

Ranking in other categories

Access Management (17th)

LastPass

Ranking in Enterprise Password Managers

17th

Average Rating

7.4

Reviews Sentiment

6.3

Number of Reviews

Ranking in other categories

Single Sign-On (SSO) (21st), AIOps (28th)

Featured Reviews

Rajat-Jain

Senior Member Of Technical Staff at a energy/utilities company with 10,001+ employees

Helps with compliance and improves operational flexibility

We have had both on-premises and SaaS models. The on-premise setup was a little difficult, but now that it has been moved to the SaaS model, everything is controlled by CyberArk. We just go and do our work. The initial on-premises setup took two weeks because it was an integrated effort. I had to spin up the servers and bring in the CyberArk Secrets Management resource to deploy the scripts. I then had to open networks and firewalls between CyberArk Secrets Management's on-premise servers and the application server. In the initial phase, it took two to three weeks, but it became easier when moving to the SaaS model. In terms of maintenance, it requires patching or upgrades, which happens one day in a month. If there is a failure, we have to roll back and try once again, which takes more time, but if everything goes smoothly, there is three to five hours of downtime.

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Mike Klaus

Senior Systems Analyst/Administrator at a agriculture with 1-10 employees

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.

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Quotes from Members

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

Pros

"One of the most important features for us is the system's performance, particularly its speed of retrieving secrets."

"CyberArk Secrets Management is a critical solution for strengthening our security posture."

"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's support team is knowledgeable and helpful, consistently responding on time."

"It's vital for effectively managing and securing my credentials."

"One feature that is really important to us is the ability to create secure notes."

"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 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 most valuable feature for me is being able to pair applications and user permissions."

"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 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."

"It is easy to use."

More LastPass pros

Cons

"Improvements for CyberArk Secrets Management include enhanced documentation with more use cases and step-by-step integration guides."

"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."

"Implementation was complex and required professional services."

"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."

"I would like to be able to reduce the log out time of the session."

"Our biggest issue over the years was around the stability of the LDAP sync to AD."

"It is not super feature laden. It does not stand out versus the competition."

"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."

"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."

"The biggest thing is there is no good way to have LastPass rotate passwords without human intervention. Right now, we have to go into each folder, then rotate and manually update each password. It can be done it by loading a bunch of passwords into a spreadsheet, but this makes the whole process insecure because then the passwords have been noted into a spreadsheet which have to be upload. We have to go into 40 to 50 applications and manually update passwords, because we don't view their solution of writing a bunch of passwords on a spreadsheet, then uploading them as a secure solution. This should be done internally within LastPass."

"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."

"LastPass has a problem syncing the passwords to all of the users."

More LastPass cons

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."

"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."

"You do not have to purchase licenses for your entire organization. You can scale as adoption grows."

"I was not terribly alarmed with the pricing, and am pleased with the fact that a home license is included with each business license."

"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."

"The subscription model is rated at a fair price."

"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."

"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."

"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."

More LastPass pricing and cost advice

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Top Industries

By visitors reading reviews

No data available

Computer Software Company

15%

Financial Services Firm

11%

University

Insurance Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What is your experience regarding pricing and costs for CyberArk Secrets Management?

It is in the middle. It is neither very cheap nor very expensive, so I would place it in the middle.

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What needs improvement with CyberArk Secrets Management?

The user interface can be improved, and with new platforms emerging, CyberArk Secrets Management could integrate with them. The password search feature and integration between different vaults coul...

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What is your primary use case for CyberArk Secrets Management?

We own a robotic process automation platform called UiPath. We use CyberArk Secrets Management to bring the credentials into robotic process automation for the bots during runtime.

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Product Reports

CyberArk Secrets Management

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Also Known As

No data available

LastPass Business, LastPass Enterprise, Lastpasss

Overview

CyberArk Secrets Management offers comprehensive security for managing sensitive information, addressing crucial needs in secure storage, access, and control of credentials across IT environments.

CyberArk Secrets Management focuses on ensuring the secure handling of sensitive enterprise data, offering a robust infrastructure for credentials and secrets management. Designed for organizations that need high levels of security, it provides efficiency in automating access controls and compliance. Its features are tailored to integrate seamlessly with existing IT frameworks, facilitating a secure and scalable approach to managing critical information across complex infrastructures. CyberArk's approach addresses both security and operational efficiency.

What features make CyberArk Secrets Management essential?

Enhanced Security Controls: Allows detailed configuration of access policies to safeguard sensitive data.
Automated Credential Rotation: Automatically rotates credentials to minimize the risk of security breaches.
Integrated Audit Trails: Provides comprehensive tracking and reporting to ensure compliance and accountability.

What benefits and ROI can be expected from CyberArk Secrets Management?

Risk Reduction: Minimizes potential exposure to data breaches through advanced security measures.
Operational Efficiency: Streamlines access management tasks, reducing manual overhead and errors.
Regulatory Compliance: Helps maintain adherence to industry standards and regulations, reducing the risk of fines.

CyberArk Secrets Management is widely implemented across sectors like finance, healthcare, and government, focusing on industries where data sensitivity and compliance are critical. Its application helps organizations mitigate risks and enhance data governance, proving invaluable in environments where trust and security are paramount.

CyberArk

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

Information Not Available

Deakin University, Duke University, Code.org, Influitive, PeopleKeys, SMA Technologies, Skynamo

CyberArk Secrets Management vs. LastPass