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HashiCorp Vault 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

HashiCorp Vault
Ranking in Enterprise Password Managers
5th
Average Rating
8.2
Reviews Sentiment
7.2
Number of Reviews
18
Ranking in other categories
No ranking in other categories
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)
 

Mindshare comparison

As of October 2025, in the Enterprise Password Managers category, the mindshare of HashiCorp Vault is 10.0%, down from 13.2% compared to the previous year. The mindshare of LastPass Business is 3.5%, up from 2.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Password Managers Market Share Distribution
ProductMarket Share (%)
HashiCorp Vault10.0%
LastPass Business3.5%
Other86.5%
Enterprise Password Managers
 

Featured Reviews

Anand-Awasthi - PeerSpot reviewer
Offers dynamic secrets and certificate management for proactive security measures
The best features in HashiCorp Vault are its dynamic certificate management and dynamic secret management, which are the key features that use data effectively. These are very targeted use cases that cut across multiple solutions. I have utilized Vault's encryption capabilities for securing data in transit and at rest, especially for dynamically consuming database encryption, which covers the requirements of various scenarios where databases do not have encryption capability. HashiCorp Vault provides security by rotating the keys and taking all the burden of securing the data from the database. These are key core features that many users employ in this solution. Vault's audit logs provide insights into access patterns and help ensure compliance. These facilities are configurable, and the logs are encrypted, ensuring that anything recorded in the logs is secure. We could use systems that comply with specific standards for audit logging and scanning, especially when working with them. The benefits from HashiCorp Vault include significant advantages in security lifecycle management itself. The value becomes apparent when security incidents occur. It has substantial value in proactively protecting from adverse situations, providing resilience and appreciation by customers in complete security lifecycle management solutions for core infrastructure applications.
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 solution is stable. It has been working perfectly without any problem."
"For me, the most valuable features include that it's easy to manage and maintain the password API for retrieving passwords and other things."
"The most valuable feature of HashiCorp Vault is the management of tickets in the pipeline."
"The most valuable feature of HashiCorp Vault is that it's an open source solution. Second, it's cloud agnostic, so it's very easy to maintain and control, which is why we prefer HashiCorp."
"The most valuable feature of HashiCorp Vault is version control."
"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 easily and see good results rapidly. When you integrate an internal API or application, it quickly manages that application's secrets."
"It is an added value for our customers to have a Secrets Management workflow available that is PaaS/CaaS/KaaS Platform agnostic."
"The interface is very simple to navigate."
"One feature that is really important to us is the ability to create secure notes."
"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 most valuable feature is the liberty of keeping encrypted passwords and elevated information in a sealed vault."
"Increased security around password management for teams and collaborative efforts with external vendors."
"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."
"This product helps keep us secure."
"Off-boarding of people is easy without changing shared account passwords."
"It's improved security; we don't have to worry about people storing password loosely and secure them."
 

Cons

"The product needs to improve its customization. It should be also more like easy to plug and play."
"The solution could be much easier to implement."
"The technical support was hard to get a hold of and lacking in service."
"We could use more documentation, primarily to do with integrations."
"HashiCorp Vault can be improved from the security perspective, as it focuses on security lifecycle management. It requires other solutions for monitoring as users need to rely on tools that constantly monitor the system, especially database activity."
"In terms of features, the only thing that I found a little bit hinky was that there was no revocation or deletion on the model we were using. Once in a financial year, a client interacts, and you pay for that client for the year. So, there are just little things like that in the pricing. There should be more clarity around the end of the key. I know there is no system like this. They all are the same. I tested Microsoft, Google, and some others, and none of them really want you to delete a key, which makes sense. You delete a key, and you lose everything that it has wrapped or encrypted, but it's actually just a language. Deletion isn't really deletion. It's really revocation, but overall, HashiCorp Vault ticked all the boxes for us, and I couldn't fault it."
"The product is complicated to install."
"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."
"Our biggest issue over the years was around the stability of the LDAP sync to AD."
"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."
"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."
"The management through the plugin is poor. It consumes tons of client resources especially as an administrator."
"The ability to set up an account expiration limit/date would be very useful."
"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."
"Its user interface should be better, and there should probably be more information about scalability."
"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."
 

Pricing and Cost Advice

"The product is expensive."
"The solution's cost is reasonable."
"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."
"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 AWS version is much cheaper than HashiCorp Vault."
"I am using the open-source version of Vault and I would have to buy a license if I want to get support."
"The subscription model is rated at a fair price."
"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."
"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 was not terribly alarmed with the pricing, and am pleased with the fact that a home license is included with each business license."
"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."
"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."
"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."
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Top Industries

By visitors reading reviews
Financial Services Firm
18%
Computer Software Company
13%
Manufacturing Company
9%
Government
6%
Computer Software Company
11%
Manufacturing Company
10%
University
10%
Insurance Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business5
Midsize Enterprise4
Large Enterprise9
By reviewers
Company SizeCount
Small Business8
Large Enterprise7
 

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 Enterprise, Lastpasss Teams
 

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 Business and other solutions. Updated: September 2025.
872,008 professionals have used our research since 2012.