Managing personal Outlook.com account settings, security, and privacy
Hi A Ton,
Before treating this as calendar corruption, I suggest first confirming whether there has actually been unauthorized access to your Microsoft account.
Please sign in directly to your Microsoft account and review Recent activity. Microsoft provides the date, location, device/access method, and other information that can help identify unfamiliar account activity.
If you see an access attempt you don't recognize, choose "This wasn't me" and follow the prompts to secure the account.
In the meantime, don't click any links within the “WE BLOCKED YOUR ACCOUNT” calendar entry.
If the Recent activity page shows nothing suspicious, please post a screenshot of the calendar entry with personal information removed so we can narrow this down further.
I hope this gives you a safe starting point and helps determine whether this is an account-security issue or simply an unwanted calendar item.