Aiming at the difficulty in obtaining the eigenfrequency of the vibration component of rolling bearing faults in a strong background noise environment and the problem of extraction efficiency, the adaptive chirp mode decomposition (ACMD) combined with Improved maximum second-order cyclostationary blind deconvolution (ICYCBD) fault feature extraction algorithm is proposed. Firstly, to improve the signal-to-noise ratio, the original signal is adaptively decomposed using the ACMD method, and the optimal components are selected based on the principle of maximizing the correlation gini coefficient index. Secondly, to improve the accuracy of parameter setting and extraction efficiency, an improved CYCBD method is proposed to estimate the cyclic frequency set of CYCBD using the proposed enhanced energy harmonic product spectrum (EEHPS) method for the optimal components, the envelope spectrum peak factor index is improved by proposing the envelope spectral period pulse factor (EPPF) index, and the filtering length of the CYCBD is selected adaptively using the step search to obtain the optimized filtered signal. Finally, the envelope spectrum analysis is carried out to extract the fault information accurately. The simulation signals and experimental data show that the method can quickly and accurately extract the fault characteristics of rolling bearings under strong background noise, and the comparison with other methods shows the effectiveness and superiority of the proposed method.