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Would highly advise people don't bypass it as its flagged as malware.
Just wait out for an official response.
What seems to be flagging is vrad.exe and shaderscompile.exe.
I highly doubt that Valve will add malicious files.
An uninstall shouldn't be necessary as the anti-virus is blocking the two files that need to be installed in order to boot up the game anyway.
Give it a day or week, this is likely a number one issue for bug fixes if it actually is Malware.