There's no magic answer yet, Interac Inc claims that Chip and Pin systems have done a lot to reduce debit and credit card fraud in Canada, but these systems are still backward compatible with the swipe system.
The best advice is to pay some attention when paying for your transaction or taking out cash. Since the reader device is typically only secured with double sided tape, yank on it. You're not going to break anything. Give the ATM a bit of scrutiny before using it. Does it look like the others nearby? Are there any strange-looking bits that bulge out? Look above the keypad or to the side for pinhole cameras. If anything seems out of place, don't use it! Find another.
Cover your hand when entering your PIN number! It's a really easy thing to do and that one step will absolutely make the collected card details worthless.
