Exchange Online Mail Filter

It has been obvious for a long time that the mail filters in Exchange Online are poor. But, really, how does a mail like this get through ANY filter??

From: Microsoft.com noreply@vendorpanel.com.au

Subject: Urgent – Billing Statement is available – Check Your Acount. (note the misspelling)

Body:

Confirmation: You’ve changed your subscription Your billing statement is ready for review and is attached to this email. Please sign into your admin account to To Pay your Invoice View this message in the Office 365 message center To customize what’s included in this email, who gets it, or to unsubscribe, set your Message center preferences. Edit release preferences Choose the release track for your organization. Use these settings to join First Release if you haven’t already. Microsoft respects your privacy. To learn more, please read our PrivacyStatement There is no action you need to take to prepare for this change, but you might consider updating your user training and notifying your help desk. Microsoft Corporation One Microsoft Way PrivacyStatement Unsubscribe Microsoft respects your privacy. Please read our online Privacy Statement. You are receiving this email because you have subscribed to Microsoft Office 365. Microsoft Pty. Limited 1 Epping Road North Ryde NSW 2113 Australia (Sydney) Copyright 2017 Microsoft Corporation

I know that some phishing emails can be incredibly clever and difficult to detect. But this one??