The American Beauty star was recently appointed chairman of Relativity Studios as the cash-strapped company attempts to bounce back from bankruptcy, and Spacey is adamant he wants the best protection to keep security breaches at bay.

"Obviously the Sony hack was a wake-up call for anyone in my industry, and I would think for anyone in any industry," he declared during a debate on cybersecurity at the World Economic Forum summit in Davos, Switzerland. "It caused a tremendous amount of damage, I was personally affected by it and obviously it became the point of a great amount of controversy and issues of how does a company go about protecting itself... For me now, the issue of content protection, and protection of intellectual property is even more important.

"From the artist's point of view, a person's IP (Internet Protocol) is their identity, it is what they hold dear, it is the way we know their work.

"We hope that as things go forward, artists will be able to protect that identity and they'll be able to get the kind of credit they deserve."

The hacking scandal which hit Sony Pictures cost the company a reported $15 million (£10 million) after Internet criminals broke into its database and leaked numerous confidential documents, including private emails, salaries, film scripts, and even stars' personal details.