The embodiment of the invention provides an identity verification method and device, computer equipment and a storage medium, and the method comprises the steps: receiving a verification request sentby a client, the verification request comprising a user name, verification summary information and a user counter, and the verification summary information being summary information generated for a password by taking the user counter as the frequency of calculating a summary, searching registration parameters which are recorded during client registration and associated with the user name, the registration parameters comprising a service counter and a standard ciphertext, matching the user counter with the service counter to detect the consistency of the numerical value during identity verification, and if the user counter is successfully matched with the service counter, verifying the identity of the client according to the difference between the standard ciphertext and the verification abstract information, within 1RTT, the client completes password verification, the abstract calculation frequency of the password is decreased progressively, eavesdropping attacks and replay attacks ofthe password in the network transmission process can be prevented, and potential dictionary attacks are prevented.