Snagit 2018 Can't Be Opened Because Apple Cannot Check It for Malicious Software

Problem

I am unable to install Snagit 2018. I receive the following error:
2020-01-07_14-59-31.png

Solution

Please download and install this version of Snagit 2018. Once installed, you can update to Snagit 2018.2.8 from the menu bar by selecting Snagit > Check for Updates.