Well we finally thought a blow had been struck to the hacking community when Lulzsec announced their retirement from their current operation, however it appears that only the name has been abandoned.
Anonymous recently revealed on twitter that although the name is dead they will continue from where Lulzsec left off.
“We like to clarify again: All LulzSec members are accounted for, nobody
is hiding. Only a name was abandoned for the greater glory #AntiSec”
What exactly Anonymous intends to do is still a mystery at this point.