Yea, but the response is already very harsh. But only if you actually continue hacking at the new negative level. Even a single tick at -1000 is probably like a wrecking ball to the face. Though not necessarily if you have one of those backed-by-half-the-galaxy chokepoints like in that screenshot above.
And AIP probably isn't a good shunt for it anyhow, as that would make superterminal hacking get very strange indeed. Though I guess it could just cause the terminal to explode if hacking ever hit zero during it.
So perhaps there needs to be an additional one-time response to each increase in "negative hacking", just so you can't just do one last mega-hack that puts you in negative 4 digits without at least paying something in return (aside from forgoing all future hacking forever).