[TheCoelacanth]

Maybe keylogging in the strictly literal sense, but I think most software "keyloggers" log the clipboard too. I suppose it would protect you from a physical keylogger.

[user5994461]

To clarify, it is not a maybe, keyloggers definitely monitor the clipboard. It's one of the most basic features of a key logger.

Another basic features is logging the active window/process to know where the user is currently writing to.