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HashiCorp Vault vs LastPass 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

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
LastPass
Ranking in Enterprise Password Managers
17th
Average Rating
7.4
Reviews Sentiment
6.3
Number of Reviews
12
Ranking in other categories
Single Sign-On (SSO) (21st), AIOps (28th)
 

Mindshare comparison

As of May 2025, in the Enterprise Password Managers category, the mindshare of HashiCorp Vault is 12.3%, down from 14.2% compared to the previous year. The mindshare of LastPass is 2.9%, up from 2.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Password Managers
 

Featured Reviews

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.
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

"We use the solution for secret management."
"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 version control."
"It is user-friendly and easy to implement from any application point."
"The product is free and easy to use. It is well documented with an easy implementation process."
"The most valuable feature of HashiCorp Vault is version control."
"It is a good product to consider for companies who are looking to build on-premise or hybrid infrastructure."
"The tool's dynamic rotation of the password credentials is good."
"It's improved security; we don't have to worry about people storing password loosely and secure them."
"The shared folders is an important feature. It's the primary feature we use. Also, the ability for LastPass to autofill and hide the passwords, so we don't have to keep changing passwords every time a person leaves, is valuable."
"Off-boarding of people is easy without changing shared account passwords."
"The most valuable feature is the liberty of keeping encrypted passwords and elevated information in a sealed vault."
"One feature that is really important to us is the ability to create secure notes."
"The most valuable feature for me is being able to pair applications and user permissions."
"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."
"The initial setup for this process is straightforward and extremely easy. It just works."
 

Cons

"We could use more documentation, primarily to do with integrations."
"The technical support was hard to get a hold of and lacking in service."
"A drawback for some clients who have to be PCI compliant is that they still need to use and subscribe to an HSM (Hardware Security Module) solution."
"The product is complicated to install."
"There could be a plugin for the database to change the secret automatically. It would be an efficient feature for password security."
"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."
"It would be helpful to have more advanced features."
"In my opinion, HashiCorp Vault could improve its user interface. Right now, they don't offer much in terms of a graphical interface, which means you usually have to manage things manually through API calls. I think CyberArk has a better approach because it provides a UI that integrates features across all its components, making it easier, especially for new users or those from organizations with strict licensing policies."
"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."
"Our biggest issue over the years was around the stability of the LDAP sync to AD."
"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."
"The management through the plugin is poor. It consumes tons of client resources especially as an administrator."
"Its user interface should be better, and there should probably be more information about scalability."
"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."
 

Pricing and Cost Advice

"The AWS version is much cheaper than HashiCorp Vault."
"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."
"The product is expensive."
"I am using the open-source version of Vault and I would have to buy a license if I want to get support."
"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."
"The solution's cost is reasonable."
"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."
"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."
"The pricing and licensing are okay. Basically, at the last contract negotiation, they attempted to jack the rate up and we just said, "No." We still did negotiations with them, but they bumped everything up quite a bit."
"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."
"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."
"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."
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Top Industries

By visitors reading reviews
Financial Services Firm
20%
Computer Software Company
15%
Manufacturing Company
8%
Government
6%
Computer Software Company
15%
Financial Services Firm
11%
University
8%
Manufacturing Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

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...
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Also Known As

No data available
LastPass Business, LastPass Enterprise, Lastpasss
 

Overview

 

Sample Customers

Adobe, SAP Ariba, Citadel, Spaceflight, Cruise
Deakin University, Duke University, Code.org, Influitive, PeopleKeys, SMA Technologies, Skynamo
Find out what your peers are saying about HashiCorp Vault vs. LastPass and other solutions. Updated: April 2025.
849,686 professionals have used our research since 2012.