The cost of death in this game is so minimal unless you make a conscious decision to fly your first anaconda without rebuy or cash in your months of exploration data in Shinrarta Dezra.
This is one of the reasons why I think calls for punishing gankers (especially with the crime and punishment system!) are pointless.
It doesn't matter how harsh the punishment is if the person getting ganked still lost their stuff, punishing the killer doesn't bring it back.
Even if the devs were to enact the most draconian punishments that have been suggested in the past, like killers losing their insurance and engineered modules or even outright having their saves reset "because their cmdr is in jail" or whatever,
at best you'd get people in throwaway ships/accounts going out ganking and just getting a new one - it's not like you need more than a stock sidewinder to kill another stock sidewinder - and at
worst we'd see situations like the suicidewinder phenomenon where people would deliberately trick others into falling foul of the punishment system and losing their ships/saves.
And it
still wouldn't bring back the months of exploration data being carried by that lightweight exploration ship that just got blown up in shin by some dude flying an unengineered vulture or other equally disposable ship.