A coworker who lives in the same apartment complex had his laptop fried when lightning hit the cable box outside. It went through the cable modem, into his router and into his laptop.
Many use observation while forgetting how electricity works. If the surge was incoming on cable, then where was that same current going to earth? If current enters on the cable and does not also exit on some other conductor, then no damage exists. That current is everywhere in that path simultaneously.
But many assume current incoming on a cable is stopped by a protector. Cannot happen. If that current is incoming on cable, then that same current simultaneously (destructively) outgoing through a Monster or UPS, and into a modem and laptop. Nothing stops a surge.
Damage is most often incoming on AC mains. Every appliance is struck simultaneously. But only some appliances also have an outgoing path. Incoming on AC mains, through a laptop, through a modem, and to earth ground via the properly earthed cable. Surge exists inside all electronics simultaneously. Much later, only devices that futilely try to stop a surge are damage.
He had damage because a surge was all but invited to go hunting for earth via appliances. That surge hunted for and found a best connection destructively to earth. Protection only exists, as Ichinisan notes, when a surge is not even inside the house. Once inside his apartment, then nothing - as in nothing - can stop that surge.
KaOTiK has it wrong. UPS/Surge did not do anything useful. if a surge current was incoming destructivley through the UPS, then the exact same current was also outgoing into the PC. Protection inside the PC is often superior to any protection inside the UPS. Nothing stops a surge. That current was everywhere, simultaneously in a destructive path to earth. Only devices with inferior internal protection failed - the UPS. Grossly undersizing gets the most naive to recommend it.
The cable guy is 100% correct about not putting protectors on cable. It subverts signals even when those signals do not appear bad today. And makes electronics damage easier. Too many here only recommend a protector because the word 'protector' sounds like protection. Monster, et al do not even claim to protect from typically destructive surges. Read the numeric specs. No protection claims.
Protection means earthing a surge before entering a building. Best protection on cable means no protector. A wire from cable to earth does far more than any protector might do. Protectors too far from earth ground and too close to electronics have even earthed surges destructively through electronics. In some rare causes, a grossly undersized and ineffective protector has even created house fires. A problem that exists when surges are not earthed BEFORE entering a building.
Protection always means a surge current is earthed before entering. A protector on cable only does many bad things. A superior solution costs tens or 100 times less money. Effective protectors always have a low impedance (ie 'less than 10 foot') connection to single point earth ground. Best protector on the cable is a wire short (ie 'less than 10 foot') to earth. Either a surge finds earth before entering a building. Or it finds earth destructively via household appliances. Cable would be the outgoing – not incoming – surge path through a laptop and modem.