<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>3</documentType>
	<periodOfReport>2003-12-22</periodOfReport>
    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001065078</issuerCik>
        <issuerName>NETWORK 1 SECURITY SOLUTIONS INC</issuerName>
        <issuerTradingSymbol>NSSI.PK</issuerTradingSymbol>
	</issuer>
	<reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001274521</rptOwnerCik>
            <rptOwnerName>GRAIFMAN ROBERT</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SKYFARM MANAGEMENT, LLC</rptOwnerStreet1>
            <rptOwnerStreet2>31 GROSVENOR ROAD</rptOwnerStreet2>
            <rptOwnerCity>SHORT HILLS</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07078</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
			<isDirector>1</isDirector>
			<isOfficer>0</isOfficer>
			<isTenPercentOwner>0</isTenPercentOwner>
			<isOther>0</isOther>
		</reportingOwnerRelationship>
	</reportingOwner>
	<nonDerivativeTable>
		<nonDerivativeHolding>
			<securityTitle>
				<value>Common Stock, $.01 par value per share</value>
			</securityTitle>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>54777</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</nonDerivativeHolding>
	</nonDerivativeTable>
	<derivativeTable>
		<derivativeHolding>
			<securityTitle>
				<value>Option to Purchase Common Stock</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>0.2100</value>
			</conversionOrExercisePrice>
			<exerciseDate>
				<footnoteId id="F1"/>
			</exerciseDate>
			<expirationDate>
				<value>2013-12-22</value>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common Stock, $.01 par value per share</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>50000</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeHolding>
	</derivativeTable>
	<footnotes>
		<footnote id="F1">The shares underlying the Option shall vest on a quarterly basis in equal amounts of 12,500 shares per quarter beginning 90 days after the date of the grant (12/22/03).</footnote>
	</footnotes>
	<ownerSignature>
		<signatureName>/s/ Graifman, Robert </signatureName>
		<signatureDate>2003-12-30</signatureDate>
	</ownerSignature>
</ownershipDocument>

