Microsoft 365 features that help users manage their subscriptions, account settings, and billing information.
When you mouse over the "Review recent activity" button, what do you see?
I'm seeing this:
mailto:*** Email address is removed for privacy ***?&cc=*** Email address is removed for privacy ***,*** Email address is removed for privacy ***,*** Email address is removed for privacy ***,*** Email address is removed for privacy ***&subject=unusual sign-in activity&body=No it wasn't me
Why would this email go to the Junk folder?
Why would the links show that string of nonsense rather than a link to one's Microsoft profile?
Easily looks like a phishing scam.
EDIT: The thread is censoring the email addresses above. Well, none of them are Microsoft email addresses, so there's your red flag.