Vault by HashiCorp is a popular open-source tool used for managing secrets, encryption, and identity management. It provides a secure and centralized platform for storing passwords, API keys, client certificates, and more. While Vault offers advanced security features and integration capabilities, there are other alternatives available in the market that provide similar or even better functionality. In this article, we will explore the top 10 Vault by HashiCorp alternatives and competitors in 2024.

1. CyberArk

CyberArk is a leading provider of privileged access management (PAM) solutions. Its solution portfolio includes password vaulting, application control, and session isolation. CyberArk provides robust security features, such as multi-factor authentication and granular access controls, making it a strong competitor to Vault by HashiCorp.

Key Features:

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  • Privileged access management solution portfolio
  • Robust security features, including multi-factor authentication and granular access controls
  • Integration capabilities with various platforms and applications
  • Compliance and auditing features

2. Thycotic Secret Server

Thycotic Secret Server is a privileged access management solution that provides a secure platform for storing passwords, SSH keys, and other sensitive information. It offers advanced security features, such as role-based access controls and session monitoring. Thycotic Secret Server is a notable alternative to Vault by HashiCorp, particularly for large enterprises.

Key Features:

  • Privileged access management solution for storing passwords and sensitive information
  • Advanced security features, including role-based access controls and session monitoring
  • Integration capabilities with various platforms and applications
  • Compliance and auditing features

3. Azure Key Vault

Azure Key Vault is a cloud-based service provided by Microsoft for managing cryptographic keys, secrets, and certificates. It offers advanced security features, such as hardware security modules (HSMs) and role-based access controls. Azure Key Vault provides seamless integration with various Microsoft services, making it a compelling alternative to Vault by HashiCorp.

Key Features:

  • Cloud-based service for managing cryptographic keys, secrets, and certificates
  • Advanced security features, including hardware security modules and role-based access controls
  • Seamless integration with various Microsoft services
  • Compliance and auditing features

4. AWS Secrets Manager

AWS Secrets Manager is a cloud-based service provided by Amazon Web Services for storing and retrieving secrets, such as passwords and API keys. It offers advanced security features, such as encryption at rest and in transit, along with fine-grained access controls. AWS Secrets Manager provides seamless integration with various AWS services, making it a strong competitor to Vault by HashiCorp.

Key Features:

  • Cloud-based service for storing and retrieving secrets
  • Advanced security features, including encryption at rest and in transit and fine-grained access controls
  • Seamless integration with various AWS services
  • Compliance and auditing features

5. LastPass Enterprise

LastPass Enterprise is a password management solution that provides secure password storage, automated password changing, and multi-factor authentication. It offers integration capabilities with various platforms and applications, along with advanced reporting and auditing features. LastPass Enterprise is a notable alternative to Vault by HashiCorp, particularly for small and medium-sized businesses.

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Key Features:

  • Password management solution with secure password storage and automated password changing
  • Multi-factor authentication and fine-grained access controls
  • Integration capabilities with various platforms and applications
  • Advanced reporting and auditing features

6. Keeper Business

Keeper Business is a secure password manager that provides password storage, automated password changing, and multi-factor authentication. It offers advanced security features, such as encryption at rest and in transit, along with integration capabilities with various platforms and applications. Keeper Business is a strong competitor to Vault by HashiCorp, particularly for small and medium-sized businesses.

Key Features:

  • Secure password manager with password storage and automated password changing
  • Multi-factor authentication and fine-grained access controls
  • Advanced security features, including encryption at rest and in transit
  • Integration capabilities with various platforms and applications

7. Okta Identity Cloud

Okta Identity Cloud is an identity and access management (IAM) solution that provides secure authentication and authorization for users and applications. It offers advanced security features, such as multi-factor authentication and granular access controls, along with integration capabilities with various platforms and applications. Okta Identity Cloud is a notable alternative to Vault by HashiCorp, particularly for large enterprises.

Key Features:

  • Identity and access management solution for secure authentication and authorization
  • Advanced security features, including multi-factor authentication and granular access controls
  • Integration capabilities with various platforms and applications
  • Compliance and auditing features

8. OneLogin

OneLogin is an IAM solution that provides secure authentication and single sign-on (SSO) for users and applications. It offers advanced security features, such as multi-factor authentication and granular access controls, along with integration capabilities with various platforms and applications. OneLogin is a strong competitor to Vault by HashiCorp, particularly for small and medium-sized businesses.

Key Features:

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  • Identity and access management solution for secure authentication and single sign-on
  • Advanced security features, including multi-factor authentication and granular access controls
  • Integration capabilities with various platforms and applications
  • Compliance and auditing features

9. SecretHub

SecretHub is a cloud-based service for managing secrets, such as API keys and passwords. It provides advanced security features, such as encryption at rest and in transit and fine-grained access controls. SecretHub offers integration capabilities with various platforms and applications, making it a notable alternative to Vault by HashiCorp.

Key Features:

  • Cloud-based service for managing secrets, such as API keys and passwords
  • Advanced security features, including encryption at rest and in transit and fine-grained access controls
  • Integration capabilities with various platforms and applications
  • Compliance and auditing features

10. Passwork

Passwork is a password manager that provides password storage and sharing capabilities. It offers advanced security features, such as encryption at rest and in transit, along with integration capabilities with various platforms and applications. Passwork is a strong competitor to Vault by HashiCorp, particularly for small and medium-sized businesses.

Key Features:

  • Password manager with password storage and sharing capabilities
  • Advanced security features, including encryption at rest and in transit
  • Integration capabilities with various platforms and applications
  • Role-based access controls and auditing features

In conclusion, while Vault by HashiCorp is a popular open-source tool for managing secrets, there are several alternatives available in the market that provide similar or even better functionality. CyberArk, Thycotic Secret Server, Azure Key Vault, AWS Secrets Manager, LastPass Enterprise, Keeper Business, Okta Identity Cloud, OneLogin, SecretHub, and Passwork are among the top contenders in 2024. Each alternative has its own strengths and weaknesses, so it's important to consider your specific requirements and industry focus when choosing the best solution for your business.