lagomorph
This is tricky to execute on.
Suppose we had a "flag as malware" system.. Then that means now we have to have dedicated people reviewing this all the time. We can not just automatically de-index something because someone flagged it as malware.
And suddenly it becomes non-scalalable, manual, operation that nobody want do so as the rules are not exactly defined and there is a lot of gray area what defines a malicious website.
To someone a major news site is malicious because all the tracking they do, and for someone else because they do not agree with its politics.
It is a very complicated problem.
You can imagine people flagging sites of their competitors.
You can imagine people flagging random websites they don't like.
And if we chose to ignore that, then why you have a system in the first place?