bitflipper
Don't panic. BandLab assistant configures itself to run automatically when you boot. Whether or not you consider that a convenience (to check for updates regularly) or not is up to you. You can remove it from the autostart list if it's annoying.
 
I elected to disable it from running on boot, because I am not a BandLab user and probably never will be, and only care if cakewalk.exe is updated. Grab a copy of autoruns, part of the Sysinternals collection and a handy utility to have. Search for "BandLab Assistant" (it's under HKCU\SOFTWARE\Microsoft\Windows\CurrentVersion\Run in the registry) and un-check it.