The updated is a legitimate tool meant to keep your hardware running smoothly. As long as it is verified as a ViewSonic file and staying quiet in the background, you can safely leave it alone. If you notice strange system behavior, a quick reinstall or disabling it at startup usually solves the problem.
Sometimes the "updated" version gets stuck in a loop trying to check for a connection that isn't there.
While it is most commonly linked to ViewSonic, similar naming conventions are occasionally used by other hardware peripheral drivers. In its legitimate form, it ensures your hardware stays compatible with the latest version of Windows. Why is it "Updated" Recently?