I thought I'd repost this here, for people that don't look at other forum sections anymore.
Pando was something that Turbine stealth installed as part of game updates. It was basically a single tasked torrent type file sharing application. They (pando) closed up their doors last year some time, and it looks like someone has hijacked their software. If pando asks for an update, DO NOT UPDATE IT! Uninstall that program as soon as possible.