vscode with Node 8 - inspect-brk error

I've recently upgraded my vscode and now I get this error when I try to run the service:

D:\herokuworkspace\server/node_modules/.bin/babel-node.CMD --inspect-brk=27776 src\index.js

D:\Program Files\nodejs\node.exe: bad option: --inspect-brk=27776

This is my configuration:

{
            "type": "node",
            "request": "launch",
            "runtimeExecutable": "${workspaceRoot}/node_modules/.bin/babel-node",
            "name": "Launch Program",
            "program": "${workspaceFolder}/src/index.js",
            "cwd": "${workspaceRoot}",
            "internalConsoleOptions": "openOnSessionStart"
        }

Please advise what should I change in the configuration in order to make it work again.

Your title says Node 8, but it looks like you are using an older version of Node that doesn't support the --inspect-brk flag. You can upgrade to a version after Node 7.6, or you can set the old debug args in your launch config like this (added port and runtimeArgs):

{
    "type": "node",
    "request": "launch",
    "runtimeExecutable": "${workspaceRoot}/node_modules/.bin/babel-node",
    "runtimeArgs": [ "--inspect=1234", "--debug-brk" ],
    "port": 1234,
    "name": "Launch Program",
    "program": "${workspaceFolder}/src/index.js",
    "cwd": "${workspaceRoot}",
    "internalConsoleOptions": "openOnSessionStart"
}