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Hi Anthony - Welcome to the forum.
There are two exclusions. One is in Program Settings which will exclude the program from on demand scans. The other is in the On-Access Protection Control where you can add an exclusion in the Standard Shield settings. If you haven’t done the second the program is still being scanned in real time.
EDIT: This is not really a false positive since keyloggers are often used with ill intent. Just a difference of opion whether to alert as “riskware” or not.