Can’t access Office 365 in Outlook: “The name on the security certificate is invalid or does not match the name of the target site”

Ran into this one recently.  When accessing Office 365 via Exchange from Outlook 2013, an error pops up.

There is a problem with the proxy server’s security certificate.  The name on the security certificate is invalid or does not match the name of the target site outlook.office365.com.

Outlook is unable to connect to the proxy server. (Error Code 0)

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