For a first-order reaction, the rate constant \( k \) is inversely proportional to the half-life \( t_{1/2} \), as defined by the equation:\[k = \frac{0.693}{t_{1/2}}.\]Given \( t_{1/2} = 480 \, \text{s} \), the rate constant is calculated as:\[k = \frac{0.693}{480}.\]The simplified result is:\[k = 1.44 \times 10^{-3} \, \text{s}^{-1}.\]This calculated rate constant is specific to first-order reactions and is directly determined by the half-life. Final Answer:\[\boxed{1.44 \times 10^{-3} \, \text{s}^{-1}}.\]