When comparing LastPass Enterprise Shared Folders vs CloudFlare Red October, the Slant community recommends CloudFlare Red October for most people. In the question“What are the best shared secret managers?” CloudFlare Red October is ranked 4th while LastPass Enterprise Shared Folders is ranked 6th. The most important reason people chose CloudFlare Red October is:
Red October is fully open source, from the encryption library to the UI modules. Everyone can inspect the code hosted on GitHub or fork it and implement it to suit their needs if they have to.
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Pros
Pro Accessible to non-technical people
LastPass provides a straightforward graphical user interface for creating and managing shared folders, secrets and user-groups. It does not require understanding the underlying technology to use.
Pro Fully open source
Red October is fully open source, from the encryption library to the UI modules. Everyone can inspect the code hosted on GitHub or fork it and implement it to suit their needs if they have to.
Pro Uses the "two-man rule" for extra security
Red October was built to add an extra layer of security inside organizations. The "two-man rule" that Red October employs means that data can only be decrypted if two or more users provide the necessary keys.
Cons
Con The service has security issues
On Jun 15, 2015 LastPass issued a statement that attackers gained access to their system and got their hands on hashed master passwords.
Con Uses its own crypto library
Red October uses its own crypto implementation in to encrypt secrets. While it's not necessarily a security risk, it would be safer to use a crypto library that has proven it's worth and that has been used for a long time in a lot of projects.