"...the asset will have 'downloaded' the portable version of VLC player (2.1.5)..."
This does not sound like a copy of the public version and that it's "compromised". You could check for yourself if you like: https://github.com/videolan/vlc :)
It's a version of VLC that, in addition to the things it normally does, collects information. The operator, who knowingly runs the software, can then collect the information and turn it over to someone else.
edit: please see response below from remlov
edit: this post was premature, see below posts