Cracking ValleyRAT: From Builder Secrets to Kernel Rootkits 

Highlights: Introduction Throughout 2025, we conducted and published several reports related to our research on the Silver Fox APT. In some of them (for example, here), the threat actor delivered the well-known ValleyRAT backdoor, also referred to as Winos or Winos4.0, as the final stage. Since this malware family is widely used, modular, and often associated with Chinese threat actors
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