CyberArk Privileged Access Manager and LastPass are fierce competitors in the security management space. CyberArk has an advantage in terms of pricing and support, while LastPass stands out for its diverse features that offer great value for its cost.
Features: CyberArk offers advanced security controls with features like the Central Policy Manager for automated password management, Privileged Session Manager for real-time monitoring, and robust auditing capabilities. LastPass is known for its ease of use, providing seamless password management across devices, multifactor authentication, and secure storage and retrieval of passwords.
Room for Improvement: CyberArk could enhance user interface simplicity, expedite deployment processes, and improve integration capabilities with third-party applications. LastPass may benefit from strengthened customer support responsiveness, expanded enterprise-level features, and improved analytics for better security insights.
Ease of Deployment and Customer Service: CyberArk requires a complex setup but offers highly responsive customer service to address deployment challenges effectively. LastPass is quicker to deploy but may not meet immediate service needs as effectively as CyberArk.
Pricing and ROI: CyberArk involves a higher initial cost which is offset by substantial long-term ROI, making it ideal for large enterprises. LastPass is more economical initially and is suited for smaller enterprises seeking cost efficiency and rapid returns by saving time and resources with its straightforward approach.
The return on investment lies in improved security infrastructure, addressing over-privileged access, and reducing the risk of credential compromise, which is a major source of data breaches.
During our quantitative analysis, we estimated potential savings of one to ten million dollars a year by using a PAM solution.
With other tools such as Okta where you have self-service for resetting your own passwords and things like that, the average savings is 12 minutes, which is six dollars for a password reset, and you can extrapolate that over your organization.
CyberArk has been exceptional in coming back to us with immediate responses.
It could be forever until you talk to someone who knows what they are doing.
They are helpful, but complex issues can take a long time to resolve, which can delay solutions for urgent customer issues.
The CPM can reportedly handle up to 50,000 accounts independently without issue.
I would rate it a ten out of ten for scalability.
They had 40,000 passwords in this one safe, and it was saving the last ten iterations of each password object. That means they had 400,000 password objects in this safe. They exceeded the limit.
Proper fine-tuning and expertise ensure the product performs well.
Overall, the stability of the solution is high.
It has a large customer base and positive feedback within my network.
They want everything to be on the cloud, but even in the SaaS version of CyberArk Privileged Access Manager, they need to deploy some servers on-premises.
We cannot generate a plug-in for web-based applications.
If they want clients to move to the cloud, they need to support them in real-time.
CyberArk is expensive compared to other products I know.
CyberArk is comparatively expensive compared to other PAM solutions, such as Delinea, especially during renewal.
CyberArk's SaaS solution is particularly expensive.
CyberArk Privileged Access Manager helps ensure data privacy because we now know who is using which credentials and at what time.
It keeps a record of activities, allowing me to easily fetch screen recordings to detect any misuse and see who did what and what happened.
It can integrate with Splunk, SNMP, and other solutions and technologies.
CyberArk Privileged Access Manager is a next-generation solution that allows users to secure both their applications and their confidential corporate information. It is extremely flexible and can be implemented across a variety of environments. This program runs with equal efficiency in a fully cloud-based, hybrid, or on-premises environment. Users can now protect their critical infrastructure and access it in any way that best meets their needs.
CyberArk Privileged Access Manager possesses a simplified and unified user interface. Users are able to manage the solution from one place. The UI allows users to view and manage all of the information and controls that administrators need to be able to easily access. Very often, management UIs do not have all of the controls and information streamlined in a single location. This platform provides a level of visibility that ensures users will be able to view all of their system’s most critical information at any time that they wish.
Benefits of CyberArk Privileged Access Manager
Some of CyberArk Privileged Access Manager’s benefits include:
Reviews from Real Users
CyberArk Privileged Access Manager’s software stands out among its competitors for one very fundamental reason. CyberArk Privileged Access Manager is an all-in-one solution. Users are given the ability to accomplish with a single platform what might usually only be accomplished with multiple solutions.
PeerSpot users note the truly all-in-one nature of this solution. Mateusz K., IT Manager at a financial services firm, wrote, "It improves security in our company. We have more than 10,000 accounts that we manage in CyberArk. We use these accounts for SQLs, Windows Server, and Unix. Therefore, keeping these passwords up-to-date in another solution or software would be impossible. Now, we have some sort of a platform to manage passwords, distribute the inflow, and manage IT teams as well as making regular changes to it according to the internal security policies in our bank."
Hichem T.-B., CDO & Co-Founder at ELYTIK, noted that “This is a complete solution that can detect cyber attacks well. I have found the proxy features most valuable for fast password web access.”
Auto-pilot for all your passwords
LastPass removes obstacles, letting you get back to the things you love most.
Log in and go
Once you save a password in LastPass, you'll always have it when you need it; logging in is fast and easy.
Passwordless login
Gain instant access to your LastPass vault by using the LastPass Authenticator instead of your master password.
Generate strong passwords
The built-in password generator creates long, randomized passwords that protect against hacking.
Store digital records
Insurance cards, memberships, Wi-Fi passwords... keep all your notes safe and easy to find.
Share effortlessly
Some things shouldn't be sent in a text. Conveniently and safely share passwords and notes with anyone.
Dark web monitoring
Stop worrying about data breaches. Get alerts if your personal information is at risk.
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