Nairobi — APA Insurance has launched a new insurance cover targeting cyber threats as attacks on businesses continue to rise in Kenya.

The Cyber Insurance product is designed to protect firms from financial losses, reputational damage and regulatory penalties linked to cybercrime.

"Cyber risk is no longer confined to the IT department; it is a strategic and board-level issue," said Ashok Shah, Group CEO of APA Apollo Group.

He added that the solution targets both large corporates and small and medium-sized enterprises (SMEs).

"As Kenya's digital economy continues to expand, companies must strengthen their resilience to emerging risks. The launch of APA Cyber Insurance reflects our commitment to delivering relevant, forward-looking solutions that protect businesses and support sustainable growth in an increasingly connected world," he said.

The rollout comes as compliance requirements tighten under the Kenya Data Protection Act, which places responsibility on companies to safeguard how they process, store and transfer personal data.

With growing regulatory scrutiny and rising cyber threats, insurers say cyber cover is increasingly becoming a key component of enterprise risk management.