This piece of software is used by dozens of HP laptops. The keylogger is not activated by default but starts logging every keystroke after a single registry change:
The keylogger was apparently included for debugging during development and is disabled by default. However, a user or software with administrative privileges could activate the keylogger by making a registry change—potentially remotely using Windows Management Instrumentation (WMI) or PowerShell scripts. Once turned on, it captures keystrokes and generates a trace log file.HP provides details and updates over here.
Via: ARS Technica