That is usually a program that initiates and runs after a Upgrade to Version/Build. I would allow it to run. Have you noticed your Version/Build change lately,or experienced any issues?
Have you cleaned your temp files both windows and internet/browser. that would be my first step.
From the link this is removed after each startup. From other threads I see winpatrol has flagged this since 2009.
Have you removed Mcafee?
The only McAfee program I am running is Site Advisor on my browser.
Peacekeeper: I clean my temp files all the time.
It's not a programme anyway, it's the temporary file remnant of the installer.
All you need to do is some spring cleaning - that I do frequently.
Click the Windows key + R
Type in temp and hit Enter and OK any prompts
Once they're displayed click Edit > Select All
Then click Shift + Del to delete them.
Not all will go as you'll discover, this is normal.
Just follow the steps logically.
Do the same but type in %temp% this time
Follow the same steps.
Then do a Windows Cleanup using the built-in cleanmgr
(Windows key + R, type in cleanmgr)
These are steps you can take at regular intervals to free up space on your machine.
Running McAfee QuickClean is a help also.
Plus you should be asking WinPatrol why their software is finding an issue with that file. It's not McAfee's fault.