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Rafel RAT: Malware may be able to evade Android users’ two-factor authentication

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The malware known as Rafel RAT, which is especially worrisome, operates covertly on devices and gives malevolent actors a strong arsenal for remote administration and control.

The most recent cautionary note is from Check Point Research’s Antonis Terefos and Bohdan Melnykov, who specialize in cyber threat intelligence. Rafel RAT, they clarify, allows for a variety of illicit operations, including device manipulation, data theft, and even two-factor authentication hacking.

Rafel is a powerful tool for carrying out covert operations and infiltrating high-value targets, according to Terefos and Melnykov. These characteristics and capabilities include remote access, surveillance, data exfiltration, and persistence mechanisms.

Malware can pose as legal apps, such as Instagram, WhatsApp, e-commerce platforms, antivirus software, and support apps for many services. Users who download these apps might unintentionally give the app administrators access to their phone’s functionality and data.

Accessing or deleting data, managing passwords, and other tasks are among the detected commands. According to several users, communications sent with two-factor authentication were intercepted and utilized to access other accounts, and their contacts and messages were accessed. The malware can stop itself from being uninstalled in its most dangerous version.

Terefos and Melnykov said that the program quickly modifies the password and locks the screen to foil any attempts by the user to renounce admin credentials. Once, a user’s phone was cleared of all call history before a message directing them to a Telegram channel showed up.

While Samsung phones account for the majority of affected customers, Xiaomi, Vivo, and Huawei users have all experienced issues. These folks’ phones are mostly older models. Malware can usually run on any phone, according to Terefos and Melnykov, but newer operating systems usually make it harder for malware to do its job or necessitate more activities from the user in order to be effective.

It was stated that “over 87% of the impacted individuals are using Android versions that are no longer supported and, as a result, are not getting security updates.”

Rafel RAT is a threat that needs to be addressed very seriously. Terefos and Melnykov stress that in order to protect Android devices from malicious exploitation, it is crucial to maintain constant monitoring and take proactive security measures.

“A multi-layered approach to cybersecurity is essential, as cyber criminals continue to leverage techniques and tools like Rafel RAT to compromise user privacy, steal sensitive data, and perpetrate financial fraud,” they said in their conclusion.

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SIFC Approves 50 MMCFD of Gas: Anticipated 35% Increase in LPG Imports

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The Special Investment Facilitation Council continues to play a vital role in enhancing Pakistan’s energy industry and fostering industrial operations. Measures are being implemented to authorize a daily gas supply of 50 million cubic feet.
To provide a dependable gas supply for National Steel Complex Ltd., alternatives such as local gas sources and imported LNG are under consideration. This project is anticipated to foster industrial growth, generate employment, and enhance the economy.
The Government emphasizes stable energy prices and a robust local economy. Maintaining a reliable energy supply is essential for fostering industrial growth.
Engro Vopak Terminal Ltd. has solicited the Port Qasim Authority to augment facilities for the uninterrupted supply of LPG and liquid chemicals. Augmenting the terminal’s capacity will optimize operations and elevate efficiency.
LPG imports are projected to increase by 35%, thereby enhancing industrial operations and fortifying the economy.

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FBR to Enhance Revenues: Enacts Significant Reforms, Attains Record Revenue Collection

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The Federal Board of Revenue has effectively executed significant reforms in the past year, enhancing tax administration, compliance, and digital transformation under the leadership of Prime Minister Shehbaz Sharif.
The FBR implemented AI-driven risk identification algorithms to improve tax audits and introduced a customer relationship management dashboard for real-time compliance monitoring.
Moreover, AI-driven Customs Intelligence and digital invoicing systems have transformed tax collection and customs operations.
The implementation of faceless customs assessment has markedly diminished clearance waits, optimizing international trade.
The unified sales tax return has streamlined the tax filing procedure, while the continuous advancement of a tier-3 data center seeks to enhance data security and AI-driven surveillance.
To enhance transparency, the FBR digitized its litigation management system for faster dispute resolution.

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National Skill Development: Government to Offer Training in Contemporary Skills to Youth: Ahsan

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Professor Ahsan Iqbal, Minister for Planning, Development, and Special Initiatives, has underscored that Pakistan’s economic future depends on private sector-led growth and comprehensive skill development.
During the Cothm Global convocation, he emphasized the necessity of equipping the workforce with contemporary skills to satisfy global economic requirements.
He stated that no nation has attained sustained growth without active participation from the private sector and a skilled workforce.
Ahsan Iqbal emphasized Pakistan’s unexploited potential in tourism and hospitality, while acknowledging that infrastructural deficiencies and workforce constraints impede advancement.
He emphasized the necessity of systematic reforms in Education and Industry to compete with regional economies such as Malaysia, Thailand, and India.
The Minister unveiled the Uraan Pakistan initiative, a strategic plan designed to elevate Pakistan to a three trillion dollar economy by 2047 through investments in critical industries, innovation, and youth skill development.

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