Large number of activity events are observed with user [email protected] for Office 365 securelet.
app@sharepoint is a service account for sharepoint which is used by CloudSOC to download management api logs, quarantine files etc.
Symantec Engineering has plans to remove this in the future release with new the management API . As this may bring concerns to high number of activities contact support to disable management api to stop seeing app@sharepoint events
NOTE: On disabling the management api from the backend, admin activities will not be reported but you will continue to receive relevant OneDrive/Site/Exchange actives done by users.