Fraudulent credit card activity in the U.S. should begin to fall off in the 2nd half of 2014 and definitely in 2015 as credit card issuers and merchants switch over to use of credit cards with an embedded security chip.
One of my credit cards now has the security chip in it. Yesterday was my very first use of it at a merchant (Walmart) who had the new readers at checkout required for the security chipped cards.
As I understand it, Europe has had these type credit cards in place for quite some time. Relief is on it's way for us folks here in the U.S. ... and it's about time.