On the contrary there is counter play to her. I'm not trying to say she OK but she definitely has counter play. Her biggest counter play aspect is the fact that u can tell where she's gonna port in and how a team can CC and burst her the moment she pops in (not the easiest thing to do but it can be done)
Lissandra needs more than a nerf but a rework of some sort because her main issue is the amount of CC. That lissandra was fairly big and any champ with that much ap will burst you down instantly, that's what ap does on mages. Generally speaking her burst is less of an issue since her cc can generally mean free gank, so her all in on her E could use a speed nerf to give players more of a chance or a mini self silence to sort of tone her down. There are a few things she needs but increasing her mana costs won't fix her issues, they will only Bandaid the problem temporarily.