Had the same problems. Changed the login method for the ssh access from password to ssl certificate method. So long he didn't have this certificate he may try the next few years for access.
A much better solution would be the dynamic change of the firewall rules. I had such tool installed a few years ago on the SME. It looks for log entries whit such trying of passowrds and then the tool automaticly entered a firewall rule for 24h to block that ip. Unfortunately the tool isn't still freeware. Had a look around and found some add-on for snort, which is an intrusion detection system. But not sure if somebody implemented snort for the SME.