It is an Intel chip feature! It does have vulnerability issue, Intel has released some fixes Are you finding its usage in resource monitor. I think something else is interacting with it. Have you run your security software, possible there may be something found there. I would run Malwarebytes and Superantispyware see if they turn up anything.
Below is taken from the Intel site! Looks like it is fijne to rid your self of it!
Please look in services and find. Stop the service and set it to "disabled" Intel Management and Security Application Local Management Service. Open an Admin command prompt and type the following:
SC delete LMS
This should remove from your system.