This publication summarizes widely known safety by design and verification and validation (V&V) methods of SAE L3 and L4 automated driving. This summary is required for maximizing the evidence of a positive risk balance of automated driving solutions compared to the average human driving performance. There is already a vast array of publications focusing on only specific subtopics of automated driving. In contrast, this publication is a comprehensive approach to safety relevant topics of automated driving and is based on the input of OEMs, tiered suppliers and key technology providers. The approach of this publication is to systematically break down safety principles into safety by design capabilities, elements and architectures and then to summarize the V&V methods in order to demonstrate the positive risk balance. This publication is intended to contribute to current activities working towards the industry-wide standardization of automated driving.