BeyondTrust Password Safe vs LastPass comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

BeyondTrust Password Safe
Ranking in Enterprise Password Managers
5th
Average Rating
7.6
Number of Reviews
19
Ranking in other categories
Privileged Access Management (PAM) (7th)
LastPass
Ranking in Enterprise Password Managers
17th
Average Rating
7.4
Number of Reviews
12
Ranking in other categories
Single Sign-On (SSO) (22nd), AIOps (27th)
 

Market share comparison

As of June 2024, in the Enterprise Password Managers category, the market share of BeyondTrust Password Safe is 3.8% and it increased by 21.2% compared to the previous year. The market share of LastPass is 2.6% and it increased by 40.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Password Managers
Unique Categories:
Privileged Access Management (PAM)
1.3%
Single Sign-On (SSO)
1.6%
AIOps
0.3%
 

Featured Reviews

HB
Jun 13, 2023
Improves security with the help of system recordings
We use the solution to login through remote application solutions.  The product has improved security and login due to the system recordings. In case, there is a doubt that someone has done something which they shouldn't have been doing, we can just go back and check what the user actually did.…
MK
Oct 21, 2021
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

"One of the most valuable features is that this is a product designed with enterprises in mind."
"It simplifies your compliance and tracking to benchmark other credentials and analytics."
"The solution protects organizations from internal and external threats."
"BeyondTrust Password Safe has good reporting and Smart Rules which makes it convenient. Though Smart Rules are convenient, those who do not have much experience with such things may find it difficult to understand how these things work. Otherwise, I find Smart Rules very convenient to work with."
"Screen recording is valuable, and integration with applications is easy. We can customize whatever we want. We did a lot of application integration using scripting."
"Its number one feature is discovery. The discovery engine in BeyondTrust is off the charts. When they perform a discovery, you know everything there is about a server, including what software is installed. For example, if you want to group all of your database servers together, you can do that by using discovery and Smart Rules. If a server has Microsoft SQL installed, it gets put into a group based on a Smart Rule. It makes it very easy to determine what is what in your environment. As organizations grow or acquire other companies and merge, they lose track of what they have. BeyondTrust can help you throw a rope around it very rapidly."
"The CI/CD and REST API are also satisfactory; the solution has a full PAM feature set and they all work well."
"I like the session recording feature. I also like the analytics and reports. You can pull up a report, and the UI is fantastic. The system is recording when nobody's there, so we have a record of what's happening."
"Reduction in number of sensitive passwords stored insecurely on local systems."
"The initial setup for this process is straightforward and extremely easy. It just works."
"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."
"Scalability is fine, no issues with that, especially now that they have added different user-level permissions. That has made it a lot easier to delegate out certain features to have other people do."
"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."
"It's improved security; we don't have to worry about people storing password loosely and secure them."
"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."
"Increased security around password management for teams and collaborative efforts with external vendors."
 

Cons

"We'd like to have incremental backups to ensure the solution's information is protected regularly."
"Documentation is the primary area of improvement."
"We weren't aware that the Password Safe virtual appliance runs on a Windows server. As part of our monthly patching process, we ran into an issue. BeyondTrust Password Safe wasn't compatible with the patching we used to put on our server."
"The database instance onboarding should be simplified. The problem is that you can scan the assets and databases inside a server, but you cannot onboard them or manage them with the smart tools. It has to be done manually. I think they should try to include more custom platforms."
"There are multiple features that have issues, although they could be specific to our environment. What we have seen is that whenever a user gets added to the authentication store, the sync between Password Safe and the authentication store, which is generally easy, takes a lot of time. It does not occur immediately."
"Its documentation can be improved. Its documentation is currently complicated, and it is not good. It needs to be better. Their technical support can also be improved. It is not bad, but it can be better."
"Named accounts don't work well in this solution. If you use named accounts for your administrative access, the way Smart Rules work is that it takes your SAM account name and matches it to the account name of your privileged ID, which creates limitations on size and how big those names can be because the directory has a 20-character limit."
"We don't have much control over the appliance. When anything happens in the backend, we have to depend on the support team. We need to raise a case so that they can update the appliance. If we have control over it, we would be able to troubleshoot easily."
"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."
"It is not super feature laden. It does not stand out versus the competition."
"The management through the plugin is poor. It consumes tons of client resources especially as an administrator."
"I would like to be able to reduce the log out time of the session."
"Its user interface should be better, and there should probably be more information about scalability."
"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."
"The ability to set up an account expiration limit/date would be very useful."
"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 quite affordable."
"The pricing of BeyondTrust is very good as compared to other products. That was the main reason we decided to go with BeyondTrust at first."
"This solution is not cheap—it's a very expensive solution. Very, very expensive compared to the features and functions that they offer."
"I would rate the pricing a seven out of ten, where one is cheap and ten is expensive."
"The pricing structure is better than the competitors. It's much cheaper than CyberArk. They do the licensing on the basis of assets, not on the number of users. For CyberArk, they base the licensing on the number of users, and they have an expensive model of pricing. BeyondTrust has a cheaper model."
"It has subscription-based licensing. BeyondTrust is three times less expensive than CyberArk."
"At the time, BeyondTrust was significantly cheaper than CyberArk. Pricing-wise, if I remember correctly, it goes by assets. The pricing was negotiated for our instances based on the number of assets that we onboard into the system. It is a little different from CyberArk, where the pricing is by users. So, it depends. If you have a lot of assets, it can get very expensive."
"When you buy Password Safe and perform your initial Discovery, you have all these servers that are added to your assets in BeyondTrust, but you're not using a license until you actually start managing the systems. BeyondTrust's licensing is based on the systems when they're managed, which means when an administrator is able to connect to the server through BeyondTrust with a managed account. There would be a privileged account on the endpoint when the licensing starts. A significant advantage to that is that there are many organizations that want to evaluate their environment prior to automatic management."
"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."
"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."
"You do not have to purchase licenses for your entire organization. You can scale as adoption grows."
"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."
"The subscription model is rated at a fair price."
"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."
"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."
"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."
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Top Industries

By visitors reading reviews
Financial Services Firm
15%
Computer Software Company
14%
Manufacturing Company
9%
Government
7%
Computer Software Company
14%
Insurance Company
10%
Financial Services Firm
9%
Manufacturing Company
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What is your experience regarding pricing and costs for BeyondTrust Password Safe?
The pricing is nice. It is a yearly basis license. I would rate the pricing a seven out of ten, where one is cheap and ten is expensive.
What needs improvement with BeyondTrust Password Safe?
The pricing is not cheap, but it could be better.
What is your primary use case for BeyondTrust Password Safe?
The use cases are essentially the same as those for any PAM solution. Like addressing security compliance, securing the network against threats, and protecting all identities with intelligence and ...
Ask a question
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Also Known As

BeyondTrust PowerBroker Password Safe
LastPass Business, LastPass Enterprise, Lastpasss
 

Overview

 

Sample Customers

Aera Energy LLC, Care New England, James Madison University
Deakin University, Duke University, Code.org, Influitive, PeopleKeys, SMA Technologies, Skynamo
Find out what your peers are saying about Microsoft, Amazon Web Services (AWS), HashiCorp and others in Enterprise Password Managers. Updated: June 2024.
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