protector.exe is a process belonging to the Spytech Software, SpyAnywhere remote administration tool. This process allows other users to control your PC via a local network or the Internet.
"If used maliciously this process can also permit users to access your PC, from remote locations, stealing passwords, Internet banking and personal data. "
"If unaccounted for, this process should be removed immediately. "
Non-system processes like protector.exe originate from software you installed on your system. Since most applications store data in your system's registry, it is likely that over time your registry suffers fragmentation and accumulates invalid entries which can affect your PC's performance. It is recommended that you check your registry to identify slowdown issues