Reporting Internet incidents to Homeland Security

Speaking on Deep Background, the Press Secretary whispered:

: "Many incidents can be handled by the private sector, but there is current
: discussion about how to better define expectations on the government side
: and to institutionalize what type of incidents will be automatically
: reported to the government, Schmidt said."

What kind of incidents should be reported to gov? DDoS done by script
kiddies don't live in the USA for example?

Webhosting folks should report the script kiddies using free homepages to
host trojans?

Every 419 letter; they are clearly cover for a 5th column attack.

And most significant [given Schmidt's recent past], be sure he knows
of every "Latest Microsoft Security Update" you get....