Generative artificial intelligence is transforming cybersecurity, aiding both attackers and defenders. Cybercriminals are harnessing AI to launch sophisticated and novel attacks at large scale. And defenders are using the same technology to protect critical infrastructure, government organizations, and corporate networks. Generative AI has helped bad actors innovate and develop new attack strategies, enabling them to stay one step ahead of cybersecurity defenses. AI helps cybercriminals automate attacks, scan attack surfaces, and generate content that resonates with various geographic regions and demographics, allowing them to target a broader range of potential victims across different countries. Cybercriminals adopted the technology to create convincing phishing emails. The AI-generated text helps attackers produce highly personalized emails and text messages more likely to deceive targets. We will discuss whether newer technologies pose risks or support our digital landscape and whether ChatGPT is our worst enemy!