Hypervault vs Dashlane: which is better?
Are you looking for a Dashlane alternative? Here’s our comparison of Hypervault vs. Dashlane to help you choose the best tool to protect your company’s sensitive data.
Alright, you’re weighing the options: Dashlane vs Hypervault. Both are excellent password managers, but there are plenty of things to consider. How are they different? Which one should you use to secure your company’s passwords and confidential data? And, ultimately, which is better?
In this article, we’ll do a password manager comparison. We’ll compare Dashlane and Hypervault, including their features, support, and more. With this comparison, you’ll know which solution suits your business best.
Here’s what we’ll cover in this post:
- The basics of Hypervault vs. Dashlane (+ anchor link)
- What you should look for in a modern password manager for businesses. (+ anchor link)
- Which is right for you: Hypervault or Dashlane? (+ anchor link)
- Hypervault vs. Dashlane: Final Verdict. (+ anchor link)
So, let’s get into it.
The basics of Dashlane vs Hypervault
What is Hypervault?
Hypervault is a super secure sensitive data manager for businesses and teams. Yes, that’s a mouthful!
Hypervault allows you to securely store and manage absolutely any kind of confidential data such as passwords but also files, email settings, ftp credentials, device information, network information, API keys, serial numbers, license keys, database information, and many many more…
For all of these and more, Hypervault provides you with predesigned templates containing all the necessary fields to store your data in a structured way.
But besides those predesigned data templates, Hypervault also comes with an intuitive tool to build your own custom templates for the data your company needs. Want to secure specific confidential data about your clients? Like a client ID card containing bank accounts and their confidential TIN number? Hypervault’s custom data template builder allows you to create just that.
No coding or development experience is necessary to achieve this. If you can use a mouse, you can build your own data templates with Hypervault. You design your data template as you see fit. The possibilities are endless, all from within our password and sensitive data manager. Plus, you get ultimate control over your template’s fields and which data will be visible to which member of your team.
What is Dashlane?
Much like Hypervault, Dashane provides a secure password manager solution for teams. It aims to make it easy for users to store and retrieve online passwords.
Also, just like Hypervault, they provide a browser extension so you can quickly and easily do this from your browser.
The best aspect of Dashlane is their browser extension, but that comes with some trade-offs that must be considered.
Read on to learn more…
What you should look for in a modern password manager for businesses.
Every business managing confidential data has different needs. But, there are specific areas we all agree on as important for businesses today. So, we’ll break it down into four key areas:
- Data Residency
- Ease of use and set-up.
- Support for more than just passwords.
So, let's get into it.
Whether you use Dashlane or Hypervault, to store your sensitive data, it will be encrypted with the AES-256 cipher combined with a key derived from your master password. They store neither the password nor the key on their servers in plaintext (unencrypted) form, so you should be calm about the safety of your data.
They both use AES-256 encryption in tandem with PBKDF2 SHA-256 for password hashing. Their data handling is very similar: sensitive data is encrypted and decrypted only at the device level. What reaches the servers is only the encrypted blobs of your locally stored data.
In other words, neither Dashlane nor Hypervault has direct access to your data. The bits that they receive are already encrypted. These encrypted parts would be useless to the attackers even if they managed to obtain them. This is a very safe approach to handling data, especially when the data in question is so sensitive.
Both providers are equal and very secure from an encryption standpoint.
There's also the question of where the data is stored. Dashlane is purposely very obscure about it, while Hypervault is very transparent about how it's all done. By default, when you create a new account, your data will be stored in Europe, on European servers. This is particularly important for European organizations who wish to ensure that their data remain in Europe.
Definitely a win for Hypervault here.
Ease of use and set-up
Both provide a well-polished web-based app to manage all data with user interfaces that are clear and easy to understand. So, adding or retrieving data takes less than a minute with either solution. But when it comes to how data is organized there is a fundamental difference between them. Hypervault and Dashlane are quite different in this area.
Dashlane provides one large vault where all passwords are stored “at the same level”. This means there are no hierarchical levels such as folders and subfolders.
While this may seem simple and straightforward at first, it comes with quite a few problems for business users. Single users will be just fine with this way of organizing data. But business users and especially the system administrator within a company will appreciate a system where data are stored and separated in visual folders and subfolders. This is especially useful and important when you want to assign access rights to specific data.
That’s where Hypervault makes a huge difference as it comes with both Workspaces (one user can be part of multiple Workspaces) and with the ability to create folders and nested folders inside a Workspace.
Given the multiple options for visually organizing your data, Hypervault takes the point here.
When comparing features, there's no more significant mistake than looking at the sheer number of them. When you aim to secure your company’s sensitive data, the first thing you should look at is your organization’s specific needs. Then, just as important, comes the way the features are implemented.
Purely from a features perspective, you could use both of them.
Taking a closer look at importing, sharing, browser extension, autofill, etc… probably Dashlane will take the edge but by a very small margin. Both offer a very snappy and efficient browser extension but Dashlane’s comes with a couple of nice features which are not available on Hypervault’s browser extension just yet.
However, when looking at user experience and ease of use it seems that with its workspaces and folders structure, Hypervault is significantly better thought-out as a solution for businesses while Dashlane clearly is the better solution for individual or single users.
Overall, while Dashlane offers most features, Hypervault looks like a better thought-out service for business users, which is more than enough to crown them as winners.
Support for more than just passwords
If this is a track race, this is where Hypervault saw the finish line and turned on the jets.
Fact: businesses handle way more confidential data than just passwords.
Think of files or documents such as contracts, plans, patents, or all the IT-related information such as FTP credentials, database information, email settings, Wifi passwords, software licenses, API keys, etc… last but not least, think of specific use cases such as accountants all the confidential data they gather about their clients.
Let’s take a look at Dashlane first.
Dashlane really is a strong solution when it comes to securing and retrieving online passwords. If you want to store files, you can also do that in Dashlane. But as soon as you want to secure anything else then online passwords or files, Dashlane currently still has nothing else to offer than what they call secure notes.
Secure notes are just, well, like a big white sheet of paper where you can just write down any kind of information that you deem confidential and that you’d want to secure with Dashlane. And that’s a fine solution when you work as an individual and don’t need to share your data with anyone.
But the problem with secure notes arises when tens or hundreds of users within an organization are using them. Every user will use them as they seem fit and write down data just the way they want. There’s no structure, no pattern, and no rules forcing people to write things down all in the same way.
Let’s take the example of FTP credentials.
On the first line of a secure note, User 1 will start with the server url. User 2 will prefer seeing his username and password on the first two lines. And User 3 maybe feels like he’ll remember everything from the top of his head and only needs to write down the password.
I’m sure you get our point: chaos. This way of work makes it totally impossible for organizations to commonly share this kind of information unless they first go through the cumbersome process of establishing company rules as to how secure notes should be used or not.
Now let’s see how Hypervault addresses the same need to store more than just online passwords.
Hypervault comes with data templates.
Data templates are pre-made forms with exactly the necessary fields for each attribute that you’d like to store in your vault.
Picking up the example of FTP credentials again, Hypervault offers you a data template just for that. There’s a field for the server address, a field for the username, a field for the password, a field for the port number, etc…
And Hypervault not only comes with data templates for FTP credentials but also database information, email settings, Wifi passwords, software licenses, API keys, etc… and many more. All data templates come with exactly the right set of fields that your organization needs to store your confidential information in the most structured way. No chaos.
And what’s more, Hypervault now also offers you the possibility to create your own data templates for just the type of information your organization needs.
Think of specific data about your clients for example. With a very easy-to-use tool you can create a specific data template that will allow you to store exactly the information you need about your clients and share it in an organized and secure way across your organization.
Both are pretty close when it comes to pricing.
Dashlane’s Business tier for teams comes at a price of 5 € per user per month which is only available with an annual subscription.
Hypervault on the other hand has a monthly plan at 4 € per license or a yearly plan at 39 € per license, with no minimum in the number of licenses.
This makes Hypervault a slightly cheaper solution but also the most flexible one when it comes to pricing.
Which is right for you: Hypervault or Dashlane?
So, you may be asking, “Is Dashlane good?”
And the answer is yes; it’s a great password manager.
But as they offer the ability to store absolutely every type of confidential data in a structured manner, Hypervault is just the better option for most users. Hypervault is not about offering the most features. It is about offering the best and smartest features for today’s business needs.
But does that mean every user will find Hypervault better? Not at all.
However, whether you’re a small team or a large organization, the benefits of Hypervault make it a more powerful vault to store your sensitive data.
Hypervault vs. Dashlane: Final Verdict.
Both Hypervault and Dashlane are absolutely fantastic password managers.
While Dashlane offers slightly more advanced features in its browser extension it should be noted that Hypervault’s browser extension does everything that you would expect from a password manager’s browser extension and that it does that very well.
Moreover, we felt that Dashlane’s few extra features that come with their browser extension are meant for very specific use cases and which the vast majority of users will never need.
The problem with Dashlane is that they are just that, a password manager.
The reality however is that across all departments (such as IT, Human Resources, and Finance) today’s businesses manage way more confidential data than just passwords. And that’s exactly where Hypervault shines and puts Dashlane to shame.
Whether you’re in a small team or part a larger company, Hypervault is simply the best vault you can find for your business. You can't go wrong with the platform and its wide array of features and how custom data templates allow you to extend it to meet your specific needs.
Finally, as our pricing comparison shows, the nail in Dashlane’s coffin is that to top it all, Hypervault is simply the cheapest of both.
Hopefully, this Hypervault vs. Dashlane comparison helped you see the differences between both solutions. An educated decision is always an intelligent decision. But, don't hesitate. Sign up for a free trial and start securing your company’s confidential data by integrating Hypervault into your organization. No credit card is needed, and you can cancel at any time. And, if you're on social media, follow us on Facebook en Twitter for more advice on how to reduce cybersecurity threats.
More alternatives for online password managers
Looking for other password manager comparisons? We made a table with the best-known password vaults over here.