Cyber Driver was leaked and dumped. But it uses a different I/O and stock video card.
So, do as Nik said: Convert your X2 to a X2 Fight Box.
Replace the stock video card and hard drive in the X2 with a re-flahsed Nvidia 7900GS and a Nikko-multi drive.
And, think about getting yourself a Capcom I/O or Sega Rev. B I/O (as these I/Os have been tested the most).
The XIO error is because Cyber Driver requires a special I/O board to run properly.
There is nothing wrong with your hardware.
The GPU driver on the multigame only supports up to the 7900 series GPUs. You can use the 1.1beta which has an updated GPU driver, but it breaks Samurai Shodown Sen.
If your technical, I'd buy a 7900GS off ebay and flash it using my guide, or I'm sure one of the guys here wouldnt mind helping you out. Either way its fairly cheap and pretty easy to swap out the video card so thats the route I would recommend.