With what account have you seen those photos?

I am checking it as "Guest" non registered user. Also now I discover that neither videos are affected I set it to friends only yet they show on the videos tab.

We cannot reproduce that neither with video not photos for guest. 

Please provide the screenshot of this page: www.site.com/profile/privacy for the admin profile

so I could be sure you set the proper privacy settings and share your URL

Here is the pic of my profile! This only hides the stuff from the profile not from the tabs like videos and photos.

www.amigote.com/video

Username is "Victor Dub"

Hold on buddy not it looks like working! I had to manually apply it through my account privacy setting! Why then it's not working for changing event_handler.php default-value to friends only!

Ross thanks so much my man for your support. The problem is that those users had never changed their privacy which means that it should be default. Now I have changed default value in the photo and video event_handler.php from everybody to only friends why it's not working it seems to affect newsfeed!

I'm sorry you lost me. What does it have to do with the newsfeed? Which newsfeed exactly and how does it affect it, in what way?

Ross thanks buddy! It appears to work now!

One more question! Now that all users have their photo privacy set to only friends how come I can't see them anymore under Photos tab! I am their friend yet they don't show now under Explore!

How this works? I can access their photos from their profile but as I says they don't show on latest, most discussed on top rated.

Yes, we are aware of this issue. We have passed it to our developers a while ago. It will be fixed in the nearest future. 

Thanks buddy you are awesome!