

LastPass Business and CyberArk Secrets Management are competitors in secure credential management. LastPass Business is favored for its affordability and user-friendliness for smaller enterprises, while CyberArk offers advanced security features suitable for larger organizations.
Features: LastPass Business offers a password vault, sharing center, and admin dashboard, catering to ease of use. CyberArk Secrets Management provides secure credential storage, policy management, and deep integration with security infrastructures, enhancing security controls and compliance features.
Room for Improvement: LastPass Business could enhance its integration with broader security architectures, improve complex security controls, and expand compliance features. CyberArk could streamline deployment processes, offer more intuitive user interfaces, and provide better cost management for smaller businesses.
Ease of Deployment and Customer Service: LastPass Business is known for its straightforward deployment and reliable customer service, beneficial for less technical setups. CyberArk, requiring professional support, offers comprehensive training and resources for large-scale deployments.
Pricing and ROI: LastPass Business boasts competitive pricing and quicker ROI due to lower initial costs, making it appealing for budget-conscious environments. CyberArk, with higher initial costs, justifies its price through long-term ROI from enhanced security features crucial for large organizations.
| Product | Market Share (%) |
|---|---|
| CyberArk Secrets Management | 0.7% |
| LastPass Business | 3.0% |
| Other | 96.3% |
| Company Size | Count |
|---|---|
| Small Business | 1 |
| Large Enterprise | 6 |
| Company Size | Count |
|---|---|
| Small Business | 8 |
| Large Enterprise | 7 |
CyberArk Secrets Management provides credential rotation automation, integration with applications, audit trails, and access controls to enhance security and efficiency.
CyberArk Secrets Management is a comprehensive solution for managing credentials across multiple platforms. It automates password rotation and integrates seamlessly with CI/CD tools, AWS, and healthcare industries. Its audit trails ensure compliance, while granular access controls boost security. Although its documentation needs improvement and some integrations have delays and setup complexities, it remains a scalable and efficient option for credential management.
What are the key features of CyberArk Secrets Management?
What benefits and ROI should users consider?
CyberArk Secrets Management is widely used in industries like healthcare and finance for secure credential handling. In the healthcare sector, it supports HIPAA compliance, ensuring sensitive data protection. Financial institutions rely on its automation and integration capabilities to handle sensitive information efficiently, minimizing manual errors and enhancing operational security.
LastPass Business enhances enterprise security with features like password sharing, user deactivation, and login control. Integrated with Active Directory, it ensures password management through a security dashboard, multifactor authentication, and YubiKey support.
LastPass Business provides comprehensive password management by supporting secure storage, shared folders, and master passwords for streamlined access. With an enterprise admin console and robust reporting tools, it efficiently manages credentials. It supports secure storage for procedures and notes, crucial for IT departments. Improvement areas include group inheritance, admin capabilities, and automated password rotation. Issues like URL recognition, plugin stability, and user access reporting need addressing. Enhancements in mobile app navigation and technical support are also needed, alongside increased customization and authentication options.
What are the key features of LastPass Business?In specific industries, LastPass Business is implemented as a vital tool for storing and synchronizing encrypted credentials, supporting robust password policies, and facilitating secure access control management. Organizations benefit from storing shared accounts and managing core enterprise admin passwords, promoting higher security standards across users and applications.
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