Recent technological advances have positioned digital transformation as a necessary path for enterprise development, but growing cybersecurity threats make risk management imperative. This paper conducted a research on the impact of cybersecurity risk management implementation on enterprise digital transformation, by means of data from 2007—2023 of A-share listed companies in China. Extended discussions are conducted through heterogeneity analysis, mechanism test, and economics consequences verification. Results demonstrate significant positive effects, revealing that cybersecurity risk management implementation can accelerate enterprise digital transformation. These findings contribute to enriching cybersecurity risk management research in the Chinese context and providing practical insights for enterprises to enhance cybersecurity risk management and overcome digital transformation dilemmas.