"Phoenix.exe has stopped working " error .. please help !

Hi everyone , I m using windows 7 , 64bit, i m getting this process crash every time, it repeats itself 10-15 times and then stops for a while and then again.

I searched a lot but, no result found

MS Essential not detecting anything..

please can somebody tell me if it is smthing fatal and how to fix his problem

there is screenshot of error in the attachment 20-30 errors in 2 hrs time (one thing more my windows error reporting Que is building up like 100 mb a day)

Have you located phoenix.exe and looked at the properties to see who own it, then looked for an update?

i am unable to locate the source of this process - it is hidden

i checked the task manager, the startup, services , = phoenix .exe is not there

nw that is why i fear this being a miner, virus worm

You could try an offline scan:
http://windows.microsoft.com/en-US/w...fender-offline