AutoRunMonitor - watching for system files which are responsible for autorun actions of specific drives. This files can force system to run something just when you plug in device or just navigate through list of remote devices
This app was actual at those dark days when everybody with flash card had a virus on it. Nowadays you probably would have this fixed by default system configuration, manufacturer locks or using some software like Panda USB Vaccine.
AutoRunMonitor checking these files content over specified time period, in case of any issues will report that to you, or will sanitize it automatically.
As those files can damage system, there are few simple options available, which you should use if you not sure.