Earthquake Retrofit writes "Brian Krebs has a story about cybersquatting on social networking sites. He cites cases of people being impersonated and reports: 'A site called knowem.com allows you to see whether your name or whatever nickname you favor is already registered at any of some 120 social networking sites on the Web today. For a $64.95 fee, the site will register all available accounts on your behalf, a manual process that it says takes one to five business days. Whether anyone could possibly use and maintain 120 different social networking accounts is beyond my imagination. I would think an automated signup service like knowem.com would be far more useful if there was also a service that people could use to simultaneously update all of these sites with the same or slightly different content.' Is it time to saddle up for a new round of Internet land grabs?" A Schneier blog post earlier this month pointed out a related story about how not establishing yourself on social sites, combined with the frequent lack of validation for friend requests, can provide identity thieves with a tempting target .