There is no such valid Windows component. I would uninstall it and scan your system.
Click Start, type: internet options
Hit Enter
Click Advanced tab
Click Reset
Click Reset again
Reset Chrome settings to default - Google Chrome Help
https://support.google.com/chrome/answer/329621...
Refresh Firefox - reset add-ons and settings - Mozilla Support
https://support.mozilla.org/en-US/kb/refresh-fi...
Use Malwarebytes to scan and clean the computer.
https://www.malwarebytes.com/adware
Also use ESET Sysrescue offline scanner to scan and clean the computer, see instructions in the following article:
https://www.groovypost.com/howto/clean-virus-in...
References Windows 10, but instructions should also work for Windows 8.1
Note: This is a non-Microsoft website. The page appears to be providing accurate, safe information. Watch out for ads on the site that may advertise products frequently classified as a PUP (Potentially Unwanted Products). Thoroughly research any product advertised on the site before you decide to download and install it.