chipped cards are no answer to prevent fraud, they're just as vulnerable as any other card... same as smartphone transactions, using technology simply opens multiple new doors for counter technology to pass through
chip cards were being hacked years ago, as soon as anything begins to gain acceptance and becomes widely used, the thieves are knocking down the doors
just watch any of the many TED talks that show how easy it is https://www.youtube.com/watch?v=hqKafI7Amd8

about the safest way to use a credit card these days is with the old paper system when they laid your card on the board with the carbon copy slip over it and ran the wheel over it to make an impression of your name and cc number... nobody's going to process millions of those before anyone notices there's been some sort of breach