Hi RAV .. first of all i don't know the Golden Eye software specifically but, any key logger will do the following action.
it will log all the key strokes on your keyboard and either save it to a file on your pc or email it to some body. so if you don't know what this is all about DO NOT install it unless you're completely aware of the deal. regards

ok so that mean it is beneficial and safe if v use the software on pc that is not connected to internet!