This driver belongs to one of the XBox gaming features / applications you should find on your PC. If you look at the driver details, it is signed by "XBox". And while I also just got that message, the original driver installation date (found that in the events tab of the driver details) is a few months ago and there have been several updates to that driver already that went silent.
For me this driver was first installed at the same time my PC installed the "Microsoft Gaming Services GameInput Redistributable" so I guess it belongs to that. I've not found what installed the GameInput service but I guess this was part of either a game or the Xbox app I installed around that time.
I guess XVDD it stands for "XBox Virtual Disk Drive" or something like that, maybe storing save games on a virtual disk?