The have confirmed that having ship kits installed on your ship will directly increase Caustic Damage taken by a factor of 2 to 4 times of its normal damage.
It is advised that in order to take less damage for the time being, all cosmetic ship kits from your ship must be removed until the issue is addressed and fixed.
EDIT: Grammar & Spelling
EDIT 2: Here is the issue tracker, you can now vote on this issue –
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