What is w3wp.exe?

Solution 1:

An Internet Information Services (IIS) worker process is a windows process (w3wp.exe) which runs Web applications, and is responsible for handling requests sent to a Web Server for a specific application pool.

It is the worker process for IIS. Each application pool creates at least one instance of w3wp.exe and that is what actually processes requests in your application. It is not dangerous to attach to this, that is just a standard windows message.

Solution 2:

Chris pretty much sums up what w3wp is. In order to disable the warning, go to this registry key:

HKEY_CURRENT_USER\Software\Microsoft\VisualStudio\10.0\Debugger

And set the value DisableAttachSecurityWarning to 1.