This error indicates Chrome detected that file may carry malware.
Or the website youre trying to download the file from did not pass the security certificate tests.
If that download might leak your private data or add unwanted toolbars, Chrome will block it.
Use the HTTPS version of that website if there is one.
Or abandon the download if you dont want to risk getting your rig infected with malware.
Hitting the Keep button wont do anything.
Chrome restricts downloads only to webpages they have valid certificates from.
Use the drop-down menu to block the feature.
However, keep in mind this is a security feature meant to block downloads of unsafe files.
If you choose to disable this feature, take your time and think twice before downloading anything.
Or at least, confirm your antivirus is running.
This workaround may not work for all users.
This includes executable files, images, videos, archives, and any key in of documents.
Disable Safe Browsing
Other users confirmed they managed to bypass the alert by turning off Safe Browsing.
Proceed at your own risk.
Conclusion
Starting with Chrome version 88, Google will automatically block all unsafe downloads.
This means the frequency of this security alert will only increase.
As always, prevention is better than cure.
If Chrome says theres something wrong with that download security-wise, play it safe.
Take that warning seriously.
Dont risk getting your system infected with adware, or malware.