diff --git a/docs/deprecations.md b/docs/deprecations.md
index 2e8dc3068a8..2c5f930e680 100644
--- a/docs/deprecations.md
+++ b/docs/deprecations.md
@@ -38,6 +38,16 @@ Note:
 - The `serverless.yml` setting is ineffective for deprecations reported before the configuration is read.
 - `SLS_DEPRECATION_DISABLE` and `disabledDeprecations` remain respected, and no errors will be thrown for mentioned deprecation codes.
 
+<a name="AwS_EVENT_BRIDGE_CUSTOM_RESOURCE_LEGACY_OPT_IN"><div>&nbsp;</div></a>
+
+## AWS EventBridge lambda event triggers based on Custom Resources
+
+Deprecation code: `AWS_EVENT_BRIDGE_CUSTOM_RESOURCE_LEGACY_OPT_IN`
+
+Support for provisioning AWS EventBridge resources without native CloudFormation resources is deprecated and will no longer be maintained. If you want to upgrade to native CloudFormation, remove "eventBridge.useCloudFormation" setting from your configuration. If you are currently using "eventBridge.useCloudFormation" set to `true` to enable native CloudFormation, you can safely remove this setting from your configuration.
+
+Note that to migrate away from the legacy behavior, you will need to remove (or comment) EventBridge triggers, deploy, re-add them and re-deploy in order to migrate from the legacy behavior.
+
 <a name="AWS_HTTP_API_USE_PROVIDER_TAGS_PROPERTY"><div>&nbsp;</div></a>
 
 ## Ineffective property `provider.httpApi.useProviderTags`
diff --git a/lib/plugins/aws/package/compile/events/eventBridge/index.js b/lib/plugins/aws/package/compile/events/eventBridge/index.js
index d5f99a41ee9..50dae1984d1 100644
--- a/lib/plugins/aws/package/compile/events/eventBridge/index.js
+++ b/lib/plugins/aws/package/compile/events/eventBridge/index.js
@@ -13,16 +13,38 @@ class AwsCompileEventBridgeEvents {
 
     this.hooks = {
       'initialize': () => {
-        if (_.get(this.serverless.service.provider, 'eventBridge.useCloudFormation') == null) {
-          const hasFunctionsWithEventBridgeTrigger = Object.values(
-            this.serverless.service.functions
-          ).some(({ events }) => events.some(({ eventBridge }) => eventBridge));
-          if (hasFunctionsWithEventBridgeTrigger) {
+        const useCloudFormation = _.get(
+          this.serverless.service.provider,
+          'eventBridge.useCloudFormation'
+        );
+        const hasFunctionsWithEventBridgeTrigger = Object.values(
+          this.serverless.service.functions
+        ).some(({ events }) => events.some(({ eventBridge }) => eventBridge));
+
+        if (hasFunctionsWithEventBridgeTrigger) {
+          if (useCloudFormation === false) {
             this.serverless._logDeprecation(
-              'AWS_EVENT_BRIDGE_CUSTOM_RESOURCE',
-              'Starting with "v3.0.0", AWS EventBridge resources will be created using native CloudFormation resources by default. It is possible to use that functionality now by setting "eventBridge.useCloudFormation: true" as provider property in your configuration. If you want to keep using the old creation method, set that property to "false" to hide this deprecation message.'
+              'AWS_EVENT_BRIDGE_CUSTOM_RESOURCE_LEGACY_OPT_IN',
+              'Support for provisioning AWS EventBridge resources without native CloudFormation' +
+                ' resources is deprecated and will no longer be maintained. If you want to' +
+                ' upgrade to native CloudFormation, remove "eventBridge.useCloudFormation"' +
+                ' setting from your configuration.'
+            );
+          } else if (useCloudFormation === true) {
+            this.serverless._logDeprecation(
+              'AWS_EVENT_BRIDGE_CUSTOM_RESOURCE_LEGACY_OPT_IN',
+              'Provisioning AWS EventBridge resources with native CloudFormation is now' +
+                ' enabled by default. Please remove "eventBridge.useCloudFormation" from your' +
+                ' configuration as this setting will not be recognized in the next major release.'
             );
           }
+        } else if (useCloudFormation != null) {
+          this.serverless._logDeprecation(
+            'AWS_EVENT_BRIDGE_CUSTOM_RESOURCE_LEGACY_OPT_IN',
+            'Your service does not configure any "eventBridge" events. Please remove' +
+              ' "eventBridge.useCloudFormation" from your configuration as this setting' +
+              ' will not be recognized in the next major release.'
+          );
         }
       },
       'package:compileEvents': this.compileEventBridgeEvents.bind(this),
@@ -114,7 +136,7 @@ class AwsCompileEventBridgeEvents {
     const { compiledCloudFormationTemplate } = provider;
     const iamRoleStatements = [];
     const { eventBridge: options } = provider;
-    const shouldUseCloudFormation = options ? options.useCloudFormation : false;
+    const shouldUseCloudFormation = options ? options.useCloudFormation : true;
     let hasEventBusesIamRoleStatement = false;
     let anyFuncUsesEventBridge = false;
 
diff --git a/test/integration/aws/eventBridge.test.js b/test/integration/aws/eventBridge.test.js
index 6d6349599be..dc0f3697b53 100644
--- a/test/integration/aws/eventBridge.test.js
+++ b/test/integration/aws/eventBridge.test.js
@@ -50,7 +50,12 @@ describe('AWS - Event Bridge Integration Test', () => {
       arnEventBusArn = (await createEventBus(arnEventBusName)).EventBusArn;
       // update the YAML file with the arn
       await serviceData.updateConfig({
-        disabledDeprecations: ['AWS_EVENT_BRIDGE_CUSTOM_RESOURCE'],
+        disabledDeprecations: ['AWS_EVENT_BRIDGE_CUSTOM_RESOURCE_LEGACY_OPT_IN'],
+        provider: {
+          eventBridge: {
+            useCloudFormation: false,
+          },
+        },
         functions: {
           eventBusDefaultArn: {
             events: [
@@ -183,11 +188,6 @@ describe('AWS - Event Bridge Integration Test', () => {
       // NOTE: deployment can only be done once the Event Bus is created
       arnEventBusArn = (await createEventBus(arnEventBusName)).EventBusArn;
       await serviceData.updateConfig({
-        provider: {
-          eventBridge: {
-            useCloudFormation: true,
-          },
-        },
         functions: {
           eventBusDefaultArn: {
             events: [
diff --git a/test/unit/lib/plugins/aws/package/compile/events/eventBridge/index.test.js b/test/unit/lib/plugins/aws/package/compile/events/eventBridge/index.test.js
index cfd7d2bb0d8..3bca32b89dc 100644
--- a/test/unit/lib/plugins/aws/package/compile/events/eventBridge/index.test.js
+++ b/test/unit/lib/plugins/aws/package/compile/events/eventBridge/index.test.js
@@ -164,6 +164,7 @@ describe('EventBridgeEvents', () => {
         fixture: 'function',
         configExt: {
           ...serverlessConfigurationExtension,
+          disabledDeprecations: ['AWS_EVENT_BRIDGE_CUSTOM_RESOURCE_LEGACY_OPT_IN'],
           provider: {
             eventBridge: {
               useCloudFormation: false,
@@ -284,7 +285,12 @@ describe('EventBridgeEvents', () => {
         runServerless({
           fixture: 'function',
           configExt: {
-            disabledDeprecations: ['AWS_EVENT_BRIDGE_CUSTOM_RESOURCE'],
+            disabledDeprecations: ['AWS_EVENT_BRIDGE_CUSTOM_RESOURCE_LEGACY_OPT_IN'],
+            provider: {
+              eventBridge: {
+                useCloudFormation: false,
+              },
+            },
             functions: {
               basic: {
                 events: [
@@ -316,7 +322,12 @@ describe('EventBridgeEvents', () => {
         runServerless({
           fixture: 'function',
           configExt: {
-            disabledDeprecations: ['AWS_EVENT_BRIDGE_CUSTOM_RESOURCE'],
+            disabledDeprecations: ['AWS_EVENT_BRIDGE_CUSTOM_RESOURCE_LEGACY_OPT_IN'],
+            provider: {
+              eventBridge: {
+                useCloudFormation: false,
+              },
+            },
             functions: {
               basic: {
                 events: [
@@ -347,7 +358,12 @@ describe('EventBridgeEvents', () => {
         runServerless({
           fixture: 'function',
           configExt: {
-            disabledDeprecations: ['AWS_EVENT_BRIDGE_CUSTOM_RESOURCE'],
+            disabledDeprecations: ['AWS_EVENT_BRIDGE_CUSTOM_RESOURCE_LEGACY_OPT_IN'],
+            provider: {
+              eventBridge: {
+                useCloudFormation: false,
+              },
+            },
             functions: {
               basic: {
                 events: [
@@ -368,21 +384,6 @@ describe('EventBridgeEvents', () => {
         'ERROR_INVALID_REFERENCE_TO_EVENT_BUS_CUSTOM_RESOURCE'
       );
     });
-
-    it('should emit deprecation when `eventBridge.useCloudFormation` is not explicitly set', async () => {
-      await expect(
-        runServerless({
-          fixture: 'function',
-          configExt: {
-            ...serverlessConfigurationExtension,
-          },
-          command: 'package',
-        })
-      ).to.be.eventually.rejected.and.have.property(
-        'code',
-        'REJECTED_DEPRECATION_AWS_EVENT_BRIDGE_CUSTOM_RESOURCE'
-      );
-    });
   });
 
   describe('using native CloudFormation', () => {
@@ -429,11 +430,6 @@ describe('EventBridgeEvents', () => {
         const { cfTemplate, awsNaming } = await runServerless({
           fixture: 'function',
           configExt: {
-            provider: {
-              eventBridge: {
-                useCloudFormation: true,
-              },
-            },
             functions: {
               basic: {
                 events: [
@@ -595,11 +591,6 @@ describe('EventBridgeEvents', () => {
           fixture: 'function',
           command: 'package',
           configExt: {
-            provider: {
-              eventBridge: {
-                useCloudFormation: true,
-              },
-            },
             functions: {
               basic: {
                 events: [
@@ -677,4 +668,23 @@ describe('EventBridgeEvents', () => {
       });
     });
   });
+
+  it('should trigger deprecation when `useCloudFormation` is set without any `eventBridge` events', async () => {
+    await expect(
+      runServerless({
+        fixture: 'function',
+        command: 'package',
+        configExt: {
+          provider: {
+            eventBridge: {
+              useCloudFormation: true,
+            },
+          },
+        },
+      })
+    ).to.be.eventually.rejected.and.have.property(
+      'code',
+      'REJECTED_DEPRECATION_AWS_EVENT_BRIDGE_CUSTOM_RESOURCE_LEGACY_OPT_IN'
+    );
+  });
 });