JPEG 2000 is the novel ISO standard for image and video coding. Besides its improved coding efficiency, it also provides a few error resilience tools in order to limit the effect of errors in the codestream, which can occur when the compressed image or video data are transmitted over an error-prone channel, as typically occurs in wireless communication scenarios. However, for very harsh channels, these tools often do not provide an adequate degree of error protection. In this paper, we propose a novel error-resilience tool for JPEG 2000, based on the concept of ternary arithmetic coders employing a forbidden symbol. Such coders introduce a controlled degree of redundancy during the encoding process, which can be exploited at the decoder side in order to detect and correct errors. We propose a maximum likelihood and a maximum a posteriori context-based decoder, specifically tailored to the JPEG 2000 arithmetic coder, which are able to carry out both hard and soft decoding of a corrupted code-stream. The proposed decoder extends the JPEG 2000 capabilities in error-prone scenarios, without violating the standard syntax. Extensive simulations on video sequences show that the proposed decoders largely outperform the standard in terms of PSNR and visual quality.