Assuming you are using gateways running at least R80.10, yes. Set up a rule at the top of your TP policy as shown below, with the offending IP address in the Protected Scope and the Track field including the Mail alert. The built-in Strict profile prevents just about everything and would probably work well here, or you could clone the Strict policy and enable every possible signature in Prevent mode if you want, even signatures with Performance Impact rating of Critical which are only enabled manually by an Administrator. Be sure to set up and test the mail alert as shown here: sk25941: Configuring 'Mail Alerts' using 'internal_sendmail' command
My IPS Immersion self-guided video series covers topics such as this in detail.

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