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Delinea Secret Server vs HashiCorp Boundary comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Apr 5, 2026

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

Delinea Secret Server
Ranking in Privileged Access Management (PAM)
4th
Average Rating
8.2
Reviews Sentiment
6.8
Number of Reviews
55
Ranking in other categories
Enterprise Password Managers (8th), Secrets Management Tools (4th)
HashiCorp Boundary
Ranking in Privileged Access Management (PAM)
23rd
Average Rating
7.0
Reviews Sentiment
2.2
Number of Reviews
1
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of August 2026, in the Privileged Access Management (PAM) category, the mindshare of Delinea Secret Server is 3.8%, down from 8.2% compared to the previous year. The mindshare of HashiCorp Boundary is 1.4%, up from 1.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Privileged Access Management (PAM) Mindshare Distribution
ProductMindshare (%)
Delinea Secret Server3.8%
HashiCorp Boundary1.4%
Other94.8%
Privileged Access Management (PAM)
 

Featured Reviews

Reena Bhardwaj - PeerSpot reviewer
Senior Quality Analyst at YASH Technologies
Has improved credential security with remote password change and role-based access
I have not faced any significant issues with Delinea Secret Server during this period of time, but we had a problem with a web password filler, which is a template used for accessing a web URL using Secret Server, where we faced some session management issues since session management is not applicable for the web password filler. This should be the improvement that we require from Delinea Secret Server. The session management is not applicable in this case; we can manage the session and have session management inside the remote systems within the organization. However, when it comes to web-related access, we can access directly through Delinea Secret Server. We can access any URL through Secret Server, but the problem is that the session cannot be managed on the web URL due to it having multiple systems. I do not have any other recommendations regarding the improvement of Delinea Secret Server at this time.
David Gidony - PeerSpot reviewer
Solution architect security and AI specialist at Terasky
Remote access to private lab hosts has become smoother while session control still needs refinement
HashiCorp Boundary can be improved in a few ways. The RDP session connection was recently introduced, which was a long-time feature that everyone was waiting for. Improving the desktop client and making it more elegant, fast, and optimized would be beneficial. I saw that there are new features allowing credential injection to RDP sessions and other useful functionalities that were among the top features I was looking for. I haven't had the chance to try them yet, but I saw demos that they already exist. The role-based access and permission granting is a bit complex and not intuitive. I work by myself and don't have many users to manage, but when it comes to scale, there might be a better way to manage access. The desktop app can be improved since it is slower than I would prefer, and session timeouts are a bit opaque. You don't really know how it's handling the session; sometimes the session ends and sometimes it's still alive. I find myself reactivating a session or needing to reconnect often. It could be more organized in that sense. A feature to close all active connections would help because currently, you have to go one by one and use the mouse to click on disconnect. If you have multiple sessions open, it might take some time because once you press cancel, you have to wait for a few seconds.

Quotes from Members

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

Pros

"The GUI interface is well-designed and user-friendly."
"I would rate Thycotic Secret Server a 10 out of 10 because I am not familiar with any products that are capable of going on-prem and have a superior function set."
"I really like the zero trust piece."
"Dramatically improving our security posture."
"The ease of granting access to a secret without having to share the actual password and the password rotation were the main features I found effective for password management."
"It reduces the risk of secrets being stored in insecure locations, and enables us to share, control, and rotate the secrets."
"I like that it is Windows-based. It is good that primarily, it is not an appliance. Some of the other applications in the space, such as a Quest Software CPAM or a Safeguard, are appliances, so you can't deploy the ends of them. With Thycotic, you can either install your Temporal Protection module physically in the VM host, or you can use BouncyCastle for high-security module capabilities."
"The discovery engine is really robust and flexible. It had some session management features that are better compared to some other vendors. Overall the GUI is very good and straightforward to operate compared to other solutions. For example, CyberArk and Hitachi tend to be hard to navigate."
"Using HashiCorp Boundary has saved me time and made my workflow more efficient in the specific way that I can gain access to these private instances from anywhere."
 

Cons

"The UI needs improvement because the interface is a little clumsy."
"It is also very expensive, and its price should be lower."
"I don't know what kind of a cryptographic it uses to encrypt the password but it should be one of the stronger ones. Some of the cryptos have been accessed by hackers."
"The integration with the ticketing system ServiceNow is complex."
"The setup for this solution is complex. I'm not going to lie, you need a specialized system security engineer to deploy it."
"The main concern is that Delinea Secret Server is not suitable for modern technology."
"Attempting to do that is almost impossible because of the low quality of the API."
"My only negative thing to say about Thycotic would involve the servicing not having been written for 2019."
"The desktop app can be improved since it is slower than I would prefer, and session timeouts are a bit opaque."
 

Pricing and Cost Advice

"The price of this solution is good."
"Most customers opt for a yearly license."
"There is an annual license needed to use Delinea Secret Server."
"They are priced quite well."
"There are different plans and additional licensing costs that can be instituted for add-ons."
"It isn't terribly expensive."
"Pricing is comparable to competing products."
"Its price is okay. We don't compete on pricing. We seldom use price to win over our competitors. We prefer it this way because if we can sustain the price, we make more margin as well. We don't want the price to go down to the bottom where despite the win, there's no margin at all."
Information not available
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Top Industries

By visitors reading reviews
Financial Services Firm
10%
Manufacturing Company
9%
Construction Company
8%
Government
7%
Comms Service Provider
15%
Outsourcing Company
14%
Construction Company
11%
Healthcare Company
9%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business20
Midsize Enterprise10
Large Enterprise26
No data available
 

Questions from the Community

Looking for recommendations and a pros/cons template for software to detect insider threats
This is an inside-out --- outside-in --- inside-in question, as an insider can be an outsider as well. There is no short answer other than a blend of a PAM tool with Behavioral Analytics and Endpo...
Which PAM tool do you prefer: CyberArk Privileged Access Manager, One Identity Safeguard, Delinea Secret Server, or BeyondTrust Privileged Remote A
For a banking or financial services use case you should check out SplitSecure. Very easy to deploy and use and splits secrets across devices rather than on cloud servers so you get full cryptograph...
What needs improvement with HashiCorp Boundary?
HashiCorp Boundary can be improved in a few ways. The RDP session connection was recently introduced, which was a long-time feature that everyone was waiting for. Improving the desktop client and m...
What is your primary use case for HashiCorp Boundary?
My main use case for HashiCorp Boundary is gaining access using a reverse proxy tunnel to all kinds of hosts and instances that I don't have a direct public connection to, mostly hosts and servers ...
What advice do you have for others considering HashiCorp Boundary?
The advice I would give to others looking into using HashiCorp Boundary is that if you're a developer or a technical person or use mostly Linux machines and terminals, HashiCorp Boundary can be a g...
 

Also Known As

Thycotic Secret Server, Delinea Password Reset Server
No data available
 

Overview

 

Sample Customers

Secure-24, University of San Diego, International Rescue Committee, San Francisco Ballet, Perkins Coie, University of San Diego, D.S.S. Limited, Turbo's Hoet, Eclipse Computing, Cathay Bank, Stellarise, J&R Consulting
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