I received an email saying my account will be permanently suspended if I do not click on the link. I think this is bogus, is it?

The email is as follows:

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We are sending you this e-mail because Microsoft SmartScreen Technology has detected that your account information is not correct.

This may be because your Hotmail account was accessed from an unfamiliar computer or you have made changes in your account information.

Due , to this you will need to re-activate it your account by simply logging in on the following link:

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Failure to activate your account in 24 hours may result in permanent account suspension.
In most situations, you should be able to activate your account in less than one minute.

Regards,
WindowsLive Security Team

Microsoft respects your privacy. Please read our online Privacy Statement.

© 2012 Microsoft Corporation.

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 I have not clicked on the link as I suspect it is not microsoft.  Just wondering.  Thanks.