Nairobi, July 12 -- As artificial intelligence (AI) makes businesses smarter and more efficient, it is also making cyber risks more complicated.

For years, companies buying cyber insurance worried about familiar threats like ransomware attacks, phishing emails, data breaches and network outages. While these risks remain, AI is changing how cybercriminals operate and the types of mistakes businesses can make, forcing insurers to rethink what they cover and how they price it.

This comes as companies increasingly embed AI into daily operations to optimise productivity, from customer service chatbots and software development to fraud detection and data analysis.

However, this is also opening the door to cybersecurity risks that did not exi...