This is the only way to get rid of cheaters. People will complain, but it's the only way you can battle something that is also using kernel level drivers. It's practically impossible otherwise. No way around it. Only other options is to have cheaters or make a separate server that allows cheaters. ARK does this actually, you can launch it without installing easy anti-cheat and makes it so you can only join servers that have no protection.
The DRM stuff that companies do is far worse, which actually impacts your PC by making the game stutter and slower and potentially have the similar exploit/privacy problem. Usually these anti-cheats have almost no affect on performance.