What is it?
Gear Software's Recording Engine - Gearsec.exe
What does it do?
gearsec.exe - DVD x COPY , itunes and Power Quest's Drive Image are the most popular programs that utilize this software. You can find more information about Gear Software here. I do not believe that there is any form of spyware, adware or call home functions in this file. It should be harmless. Basically it gives a number of third part applications the ability to burn CDs and DVDs.
You'll want to keep an eye on this google search for any known viruses. The normal location of gearsec.exe is your dystem% directory which is normally C:WINDOWSSystem32gearsec.exe. At this time my search shows nothing.