Yes, but I don't think that a use-case for this is to identify malware on your system. My understanding is that it is more so focused on disallowing trusted applications from sharing more data than you'd like, or phoning home [more often than you'd like].
*As always, a multi-faceted approach should be taken with security, and this isn't all you should be running if you're trying to defend yourself.
*As always, a multi-faceted approach should be taken with security, and this isn't all you should be running if you're trying to defend yourself.