A Microsoft file hosting and synchronization service.
Hello
There has been phishing scam similiar to that going around to Microsoft, Apple and Google users regarding their cloud storage. Please make sure the sender is using a legitimate Microsoft account to notify you.
A legitimate email from Microsoft regarding your account always comes from domains ending in @accountprotection.microsoft.com
If the email is indeed coming from legitimate sender, if you go to https://account.live.com, expand Microsoft storage section, is everything ok here?