Here's an example of what they do.
Some speculation, courtesy of Facebook member Heidi Fremannn -
Because Lulz apparently prefer the "oldfag" Anon ideals - everything for the Lulz. When you open your "no rules" collective for the world to join - everyone is gonna have a different idea about how to approach things.But, I think everyone's pretty weary of the possibility that the Lulz Boat could be psyops - especially after the HBGary fiasco. But anyway, here's a list of theories about who LulzSec might actually be, that I have been collecting from around the net (with a couple of my own thrown in) - which gives you some idea of what people are thinking ......a) CIA psyops mission trying to divide and conquer Anonymous - a plan revealed in the HBGary leaks.b) CIA psyops mission trying to make Anonymous look bad in the eyes of the public - another plan revealed in the HBGary leaks. Apparently, to the majority of Fox viewers (some 70% of the US pop.), there is no distinction between Anon and LulzSec.c) A govt honeypot to catch ppl who ring the hotline or give themselves away through some other means. This would involve the govt switching off/defacing their own sites etc. to create the illusion of hacking prowess.d) MI6 and Lord Jopling trying to convince NATO to take real actions towards tightening internet security - ie taking away our internet liberties and tagging our IPs.e) A faction of Anon created to take the heat off Anonymous for the Sony hack.f) An off-shoot from Anon trying to unplug gamers from the matrix so they will be available to wake up to the global revolution.g) A desperate "Controlled Opposition" false-flag operation so dissenting civillians are 'hopefully' pacified by a faux sense of accountability for elitist crimes revealed by Wikileaks.h) False-flag enemy to use as poster boys to create fear in the hacktivist community after they "capture" all the "members of LulzSec".i) Dissenting children of the world's elite - for example His Royal High-ness Harry Pot-smoker and some mates./j) Someone who has managed to gain the trust of the worlds global elite and is "whistle-blowing" from high up on the inside.k) MOSSADl) A HAARP controlled lulz botnet worm.m) Just some nihilistic faggotry trying to combat emo depression by doing it "for teh lulz.":-)