No, people are outright cheating, it's no contest. First of all they cheat bringing your ship down when you should get away. I've had this happen and I'm new to the game. Second, you should be able to easily outrun the bigger ships, the AI does it all the time, and magically the huge juggernauts can keep up with you if it's a human player. I own one of the bi 3 and know how slow they are. Someone called "The Kat" did the interdiction cheat on my fully armored and armed ASP Explorer then killed me with 2 shots, they had time to knock my shields down, use a couple hatch breaking limits, kept up with me while I was running in a much faster ship, and then destroyed it with one shot with full armor. There is a video of The Kat on youtube. If they cheat I'll put them out there and that player is a flat out cheater. I think frontier knows how the cheats are done and should simply fix it to where they cannot cheat! It's a shame to have people ruin a great game.
iRacing uses a program called easy anti-cheat to detect cheating. Maybe they should consider making a similar program to detect known cheats and hacks automatically. The interdiction cheat thing The Kat did was he tried to catch me once, I turned the bar blue, he cut it off before dropping out then did a second, I turned the bar blue, he cut it out did a 3rd and it immediately went red. That's a known cheat and how it was done. Didn't complain about being destroyed but I questioned how my ship was stopped when I turned the bar blue twice in a row then suddenly the third it went red. It's a cheat! Then no help when I was in a friendly system...