Once the cybercriminals have received the stolen credentials, they will use it to their potential victims' Office 365 accounts and use them maliciously or fraudulently. So, recipients of the same email message are advised to delete it, and not follow the instructions in it.
The "Office365 Account Deactivation" Phishing Scam
From: "Turneretscher, Moreno" firstname.lastname@example.org
Date: October 4, 2018 at 5:19:41 AM CDT
Subject: Account Ownership Re-validation
Please complete ownership confirmation to verify and re-validate account ownership, and securely upgrade to a more secured platform.
Please confirm account now to avoid future mail malfunction.
NOTE: Live.com will not be responsible for any on-line theft, or mail malfunction after this warning and no verification response.
If you were tricked by the phishing email, please change your Microsoft Hotmail/Live/Outlook immediately. If you are unable to, click here to report it to Microsoft.