Was on trip to Germany last year and never had credit card out of possession and never left country, yet there were 2K Euros charged at jewelry store in France. Credit card company ate the loss, not sure how a chip embedded card would prevent that type of fraudulent use.
The new chip-cards only prevent the bad guys from using strip-readers to steal your card data. The new cards have no strips, so there’s no way for the bad guys to read the strip.
I have no idea how the bad guys were able to use your card data to make the 2K Euros charge on your card.