It would be easy to dismiss Lulzsec as just another hacker group that attacks and pilfers from websites collecting booty from all around the internet; the entity behind the Lulz Security website, for a change, did not try to hide its acts and was more than happy to bask in the limelight of celebrity.
One could controversially compare the impact of Lulzsec on the world of security to what 9/11 did to the common psyche of the American people. From now on, there will be a Lulzsec AD and BC, a turning point in the timeline of the internet which may have a longer lasting effect than many might expect, for a number of reasons.
First, it shows how excruciatingly vulnerable some of the biggest and most trusted organisations on the planet are; various governments, UK's NHS, Sony, Nintendo, the CIA, the FBI, SOCA, just to name a few.
Secondly, it highlights how appealing hackers can be to the web populace in an increasingly bi-polar internet ecosystem. In just over 50 days, Lulzsec's Twitter account got more than 280,000 followers, tens of thousands of whom have migrated to Anonymous which, until then, had seven times less members.
To some extent, Lulzsec, with Operation Antisec, is emulating what Al Qaeda did years before by enlisting support from quasi-autonomous groups from all parts of the world and bestowing the "Anonymous" or "Lulzsec" franchise on them.
Thirdly, and it is a belief shared by many, Lulzsec's rise to fame did more good to the security segment than harm; expect a surge in demand over the next few months (with an accompanying rise in salary) for security related jobs like Network security engineers, System security penetration testers, Technical IT security consultants etc.