Try our new research platform with insights from 80,000+ expert users

CyberArk Privileged Access Manager vs HashiCorp Vault 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

CyberArk Privileged Access ...
Ranking in Enterprise Password Managers
2nd
Average Rating
8.6
Reviews Sentiment
6.9
Number of Reviews
217
Ranking in other categories
User Activity Monitoring (1st), Privileged Access Management (PAM) (1st), Mainframe Security (2nd), Operational Technology (OT) Security (3rd)
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
 

Mindshare comparison

As of March 2025, in the Enterprise Password Managers category, the mindshare of CyberArk Privileged Access Manager is 7.5%, down from 9.6% compared to the previous year. The mindshare of HashiCorp Vault is 12.9%, down from 14.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Password Managers
 

Featured Reviews

Lasantha Wijesinghe - PeerSpot reviewer
We have visibility and control through real-time user behavior analytics
It took us some time to realize its benefits because there was a learning curve for us. It took us about a year to get our heads around this product and start effectively using it. It is a journey. It takes at least five years for any company to make this product very useful and reach maturity. It is not only the product's fault. The company needs to have a vision, and the company culture needs to go with it. Senior leadership needs to support the vision. You need to have lots of ingredients for success. If everything is in place, you will see success after one year. In the first year, it is a struggle for everybody. My company was bought by a bigger company, and they were very new to privileged access management. Everybody was struggling. The advice I would give is to have a good vision for privileged access management. You need dedicated teams, senior management support, and proper company policies and standards before implementing the solution. Start building knowledge slowly and avoid jumping into the deep end without preparation. I would rate CyberArk Privileged Access Manager a nine out of ten.
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.

Quotes from Members

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

Pros

"The Vault offers great capabilities for structuring and accessing data."
"Super stable and easy to scale"
"The tool has safe vaults. We keep our passwords in the Vault. The tool’s recording feature is also valuable for us."
"The most valuable features of CyberArk Privileged Access Manager are its robust functionality and reliability."
"It is an extremely scalable solution."
"It is a central repository. Therefore, if someone needs to access a server, then they go through CyberArk PAM. It provides a secure way to do this and CyberArk PAM records everything. For example, if you are connecting to a Linux server, then once you get into the Linux server and if it is integrated with CyberArk, it will automatically start recording everything that is being done. In most banks, seeing the recordings is very useful. If there are any gaps or something has happened which shouldn't have happened, then we can check the logs and videos. So, it gives security, in a robust manner, to the organization."
"The risk of lost password and forbidden access to resources has been drastically reduced which increased the security level for the entire company,"
"This solution is quite stable."
"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."
"It is an added value for our customers to have a Secrets Management workflow available that is PaaS/CaaS/KaaS Platform agnostic."
"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 can still be configured by a separate team other than developers. That's why I think it's more secure."
"The interface is very simple to navigate."
"The most valuable feature of HashiCorp Vault is the management of tickets in the pipeline."
"It is a good product to consider for companies who are looking to build on-premise or hybrid infrastructure."
"We use the solution for secret management."
 

Cons

"The only problem involves granting access to people who are authorized to view it."
"Maintaining the product is challenging. Upgrades require a lot of resources, as it impacts the entire organization. For example, upgrading components like the Privileged Session Manager (PSM) and the vault is time-consuming and difficult. In the long term, I would like to see these processes simplified, especially for on-premise installations."
"I think having a distributed architecture would certainly help this solution."
"I'd like to see a more expansive SSH tunneling situation through PSMP. Right now you have an account that exists in the vault and you say, "I want to create a tunnel using this account." I'd like to see something that is not account-based where I could say, "I want to create a tunnel to this machine over here," and then authenticate through the PSMP and then your tunnel is set up. You wouldn't need to then authenticate to a machine."
"I'm not a fan of technical support with CyberArk. It's like jumping through red tape and hoops. Quite frankly, it's almost like when you call CyberArk you get the Help Desk or the level-one. I'm a level-one. I got the CCD, I know how to do the initial troubleshooting. When I call CyberArk it's because I can't figure the problem out. So I need a level-two, three, four. I don't need you to tell me, "Hey, open a ticket and then give me logs.""
"I sometimes require learning resources when there is a new solution for CyberArk."
"In the next release, they could simplify the setup and I would like some tasks added like file sharing. When a client connects to CyberArk and wants to put a file on the server, they cannot."
"We had an issue with the Copy feature... Apparently, in version 10, that Copy feature does not work. You actually have to click Show and then copy the password from within Show and then paste it. We've had a million tickets and we had to figure out a workaround to it."
"I don't think there are any major improvements required—so far, so good. However, I think that having more training materials, such as videos, and documentation available would be helpful. I would prefer to have more videos available either on the official site or on YouTube."
"The onboarding is a challenge. It should be more self-service, but it involves reviews and approvals."
"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."
"I would like to see better integration of HashiCorp Vault with SAP products."
"The solution could be much easier to implement."
"The documentation is very general; it should have more examples and more use cases."
"There could be a plugin for the database to change the secret automatically. It would be an efficient feature for password security."
"The product is complicated to install."
 

Pricing and Cost Advice

"The solution is very expensive and requires a license. We pay for an enterprise license."
"The pricing is slightly higher compared to other solutions, but it is reasonable because there are better security features."
"This product is very expensive."
"From a client perspective, CyberArk's pricing is fair but there is a significant increase each year. They should limit the price increase because this could potentially drive customers to other partners. Price changes should be at defined intervals. There should not be sudden jumps."
"CyberArk Privileged Access Manager is perceived to be somewhat overpriced compared to similar market products. It is a little bit overvalued. It could come down a little bit for my liking. However, the industry-leading reputation and the quality of service justify the high price point to some extent."
"It's an affordable platform."
"The pricing for CyberArk is on the higher side compared to other Privileged Access Management products. Something should be done regarding enterprise licensing for long-standing customers."
"CyberArk Enterprise Password Vault's pricing is reasonable."
"The AWS version is much cheaper than HashiCorp Vault."
"The product is expensive."
"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."
"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."
"I am using the open-source version of Vault and I would have to buy a license if I want to get support."
report
Use our free recommendation engine to learn which Enterprise Password Managers solutions are best for your needs.
842,296 professionals have used our research since 2012.
 

Top Industries

By visitors reading reviews
Educational Organization
34%
Financial Services Firm
12%
Computer Software Company
11%
Manufacturing Company
6%
Financial Services Firm
20%
Computer Software Company
15%
Manufacturing Company
9%
Government
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

How does Sailpoint IdentityIQ compare with CyberArk PAM?
We evaluated Sailpoint IdentityIQ before ultimately choosing CyberArk. Sailpoint Identity Platform is a solution to manage risks in cloud enterprise environments. It automates and streamlines the m...
What do you like most about CyberArk Privileged Access Manager?
The most valuable features of the solution are control and analytics.
What is your experience regarding pricing and costs for CyberArk Privileged Access Manager?
I focus more on the technical side, but I hear customers say that if CyberArk was more affordable, they might have acquired more licenses. Some clients consider alternative solutions due to pricing...
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...
 

Also Known As

CyberArk Privileged Access Security, CyberArk Enterprise Password Vault
No data available
 

Overview

 

Sample Customers

Rockwell Automation
Adobe, SAP Ariba, Citadel, Spaceflight, Cruise
Find out what your peers are saying about CyberArk Privileged Access Manager vs. HashiCorp Vault and other solutions. Updated: March 2025.
842,296 professionals have used our research since 2012.