Fraud attempts through phishing and spoofing, especially involving digital platforms, are becoming increasingly common and sophisticated, leading to financial losses for individuals. Victims often find little support from authorities and credit card issuers. To mitigate the risk, individuals can consider purchasing cyber insurance, which covers unauthorized digital transactions, identity theft, and online theft. While cyber insurance has been available for companies for a few years, it is now becoming more accessible for individuals. As the number of incidents continues to rise, cyber insurance is expected to become a mainstream product for individuals to protect themselves in the digital age.