10:28 AM EDT, 07/17/2024 (MT Newswires) -- Synopsys ( SNPS ) said Wednesday that its Synopsys ARC HS4xFS processor intellectual property received ISO/SAE 21434 cybersecurity certification by SGS-TUV Saar.

This certification meets automotive industry standards to safeguard connected vehicles against cyber threats, the company added.

The company said it has also certified its IP development process to ISO/SAE 21434, ensuring that its products are designed with a focus on security from the beginning to the end of the development cycle.

Shares of Synopsys ( SNPS ) fell about 5% in recent Wednesday trading.

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