Yes, it's a security alert. Here's the options:
Option 1: We recommend that you access your mail using our free AOL app for iOS and Android or simply go to mail.aol.com to access AOL Mail on the web.
Option 2: Keep your current, non-AOL app, BUT follow a few steps to get it to sync with our secure sign-in method. The steps vary across different email applications, but in most cases, you will have to remove your AOL account from the app and then add it back again to update sign-in security. Use the links below to follow the specific steps for your current application:
Option 3: You can generate a one-time, unique password that will allow you to sign in to your account using your non-AOL email application. Once created, this password will continue to allow your app to securely sync your AOL email unless you sign out (or are signed out) from your app. You can find instructions on how to do this here.
My wife received the same email on her iPhone.
I'm running iOS 13.7
I'm considering option 2. Will I need to save the emails in my inbox before I remove the aol account and add it back?