Artificial Intelligence (AI) has transformed the cybersecurity landscape over the past decade, leading to an increase in the frequency, impact, and sophistication of cyberattacks. While AI can be leveraged by organisations to enhance their cyber defences, detecting cyberthreats and improving decisions about how to react, it can also be exploited by cybercriminals to launch targeted attacks at an unprecedented speed and scale, bypassing traditional detection measures. This paper starts by exploring the distinction between defensive AI and offensive AI in the context of cybersecurity. Subsequently, it focusses on the Brazilian context to explore how the country is dealing with the emerging threats and opportunities presented by the intersection of AI and Cybersecurity. Lastly, it puts forward some concise recommendations for policymakers advocating for multistakeholder cooperation to be embedded in the future Brazilian Cybersecurity Strategy and Brazilian Cybersecurity Agency, to cope with the increasing complex intersection between cybersecurity and AI. Ideally, such recommendations could be integrated in the proposals for a new strategy and agency that will be issued by the new National Cybersecurity Committee (known as “CNCiber”) a multistakeholder advisory body recently established by the Brazilian Presidency.