One of the most installed vault apps on iOS, and one of the most thoroughly taken apart. Here is what researchers found, and what to move to.

Storage as reported in Jonathan Zdziarski's teardown. The Firebase leak was a different app, Photo Vault by Brain Craft.
Jonathan Zdziarski, an iOS forensics researcher, published a teardown titled Private Photo Vault: Not So Private. Photos were stored as ordinary files rather than encrypted ones, with the PIN gating the interface. IOActive reported the same pattern across several iOS vaults.
The widely reported Firebase leak was a different app, Photo Vault by Brain Craft, not Private Photo Vault.
Nothing about using one feels different. Every visible signal says it worked.
The difference shows when something reaches past the interface. An encrypted vault yields unreadable blobs. An unencrypted one yields your photos.

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Lost photos during export is this category's most common complaint.