Unwanted Backup Duplicate Project File

Hi, I am having this issue where Cubase keeps backing up my project file by duplicating and renaming it by tagging the computer username, date and time of the duplication eg. SuperfruitMGBGMLoop2-01 MELODIOUSTHUNK 3_27_2017 12_35_33 PM.

I cannot seem to find a way to switch off this backup mode and am getting numerous backups happening at various intervals.

I’ve attached a picture of the folder with the duplicate file.

Can anyone offer a solution? Thank you for your time!